Wah Sang Gas Kaufen !!!!!!!! - 500 Beiträge pro Seite

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Die Aktie von Wah Sang Gas wurde von Tiger& Dragon zum Kaufen empfohlen!
Bei Wah Sang Gas kam es im Dezember zu einem Kurseinbruch,nachdem eine angekündigte Aktienplatzierung platzte und das Gerücht aufkam das die Securities & Futures Commission sich eingeschaltet hat.
Der Wert konnte sich aber relativ schnell wieder fangen und kontinuirlich nach oben arbeiten.Seit Dezember ging es um etwa 25% nach oben.
Ob es zu einer neuen Platzierung in den nächsten Monaten kommen wird,ist derzeit nicht klar.
Für UBS ist die Aktie trotz der geplatzten Emission ein guter Wert und sie wird mit Buy eingestuft,mit Kurs Ziel von 1,60 HKD.

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WKN 938031 / ISIN BMG 9419C1284

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Wah Sang Gas, die momentan über 550.000 Haushalte an ihr Gasnetz angeschlossen haben und theoretisch noch weitere 2,26 Millionen Haushalte anschließen können, verdienen ihr Geld weiterhin nicht nur mit der Erdgaslieferung selbst, sondern mit Anschlußgebühren und mittlerweile auch dem Verkauf von Zubehör.
In den letzten Wochen zeigte sich der Aktienkurs von Wah Sang Gas kräftiger, nachdem er ansonsten die Chinaeuphorie verpasst hatte.

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Wah Sang Gas Holdings,
Profil.
hauptsächlich an dem Geschäft der Gaskraftstoffversorgung im PRC und seine Haupttätigkeiten schließen Aufbau der Gasrohrleitung-Netzbestimmung des geleiteten Gases zu den Kunden für den inländischen Gebrauch ein sang Groß und Kleinhandelvon LPG über wieder tankengaszylinder oder Behälter für inländischen,industiellen und kommerziellen Kunden Verkauf der LPG Ausrüßtung und inländische Gasgeräte Wah geliefertes geleitetes Gas zu 8 Bereichen in der Hebei Provinz und um Tianjin.
Die Netze der Gruppe der Hauptrohrleitungen zählen zusammen ungefähr 55 Kilometer zusammen und haben die entworfene Kapazität, gas an ungefähr 80.000 Haushalte zu liefern,von denen Gas an ungefähr 29.000 Haushalte geliefert wird.
Zusätzlich sang Wah hat Vertrag abgeschlossen mit den relevanten lokalen Behörden für die Bestimmung des Gaskraftstoffs und Aufbau der relevanten Gasrohrleitungnetze in 8 weiteren Bereichen in der Hebei Provinz,in der Shandong Provinz und in der Guangxi autonomen Region.Die entworfene Kapazität der Projekte in diesen eiteren Bereichen soll ungefähr 252.000 Haushalte instandhalten.
http://WWW.wahsanggas.com.hk

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Info Üner Wah Sang Gas,


Hua ao das Skalachi gibt ú die modernisierte Entwicklung frei und die Umweltschutznotwendigkeit, am Stadteinwohner und am Unternehmen, das Tag bis zum Tag erhöht, liefern die reine Energie und den hochwertigen Service; Widmet sich wird Möbel zum Haben den internationalen erstklassigen horizontalen Service, die beste ökonomische Leistungsfähigkeit Gebrauchsfirma. "studiert mit Sorgfalt freundliches mit, erneuert bemühend zu verbessern" ist unser Unternehmenkulturwesentliches. Füllen mit der Leidenschaft zum Unternehmen, die fortwährende Studie ist unsere Bindekraft und das Kreativität fountainhead. Bemüht im Schmelzverfahren die westliche Managementphilosophie, Zeitwartung??? und foresightedness, holt kräftig Ehre zu?? der Mitarbeitmannschaftgeist, verwirklicht mit Sorgfalt die Kollektivklugheithöchste Steigerung. Hua fu?twists das Nutzenmuster das welche schmutzige?, der Kunde, der Personal "drei Gewinne. In übt den Aktionär aus, um die höchste Steigerung zurückzuerstatten und verursacht Kundendienst unter der Voraussetzung, der Angebotwille zweifellos, um die angemessene Rückzahlung und den Anteil zu erhalten. Hua ping das umfangreiche mein Aluminiumtau? Feldbett? umfangreich? Form? ? verdünnen Sie (10)? ? große-hearted Mannschaft, glaubten wir haben nur die Unternehmenkultur, die fortwährend wächst, um zu sein die wirkungsvollen des ÜbereinstimmungWertzustimmung unternehmens, können fortwährend innen fortwährend kaufen, die Erhöhung, die Entwicklung, die hervorragende begabte Person des Gebrauches, die Wartung Firma, die Schnellentwicklung. Die menschlichen Betriebsmittel sind Hua bao der Mann? Spulwurmversuch toweringly? sind Form die konkurrierende Fähigkeit des Unternehmenkernes die Grundlage. Entspricht unserer Unternehmenkultur, welche die begabte Personbeschäftigung Firma annoncieren, setzt die passende begabte Person zum verwendbaren Pfosten, ist grundlegendes Kriterium, dem wir eine Person für einen Job wählen. Liebt tief Hua mou die chaotische Last? Hua qiong genehmigen der Cooliehut-Fallvorhang?, paßt sich an die Pfostenanforderung an, und der Anpassung Arbeit Entwicklung Stab ist das Hua yu? Abteilung die meiste kostbare Fülle. Wir behandeln grundlegendes Kriterium des Personals sind Humanist, Nehmen das Wissen, die Respektindividualität und Kreativität des Personals. Während des Hauptgewicht Mannschaft-Mitarbeitgeistes Hua hou, welches das Schnepfen alte Weissagungsymbol erschöpfte? Kupfer-Nickel Legierung sagte? (17) hängt? bittet, entsprechend gesamtem Plan Entwicklung der Firma, um um Hilfen jeder Personal, zum auf dem professionellen Berufdesign zu tragen, stellt Unterschiedtraining zur Verfügung und zeigt völlig das Talent das Stadium an, regt den Personal an und die Firma wächst zusammen.

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Wah Sang Das Gas Halten Begrenzt Mit dem Wirtschaftswachstum und dem steigenden Bewußtsein des Umweltschutzes und Sicherheit im PRC, haben zwei große Änderungen im Gebrauch von Kraftstoff zu den inländischen und industriellen Zwecken stattgefunden; nämlich die Bewegung von brennender Kohle, und die Bewegung von abgefülltem Gas zu geleitetem Gas zu gasen. Diese zwei Änderungen haben die Nachfrage für geleitetes Gas im PRC erhöht. Ab 1999 benutzten nur 100 Million Bewohner geleitetes Gas in China. Die restliche Bevölkerung von 1.2 Milliarde wartete noch das Versorgungsmaterial des geleiteten Gases. Es gibt nur eine begrenzte Anzahl von den Firmen, die geleitetes Gas für kleine und mittelgross Städte zur Verfügung stellen. Die geleiteten Gassysteme in den Hauptstädte können die kleinen und mittelgross Städte dienen nicht und führen zu eine sehr große Verschiedenheit in der Nachfrage und im Angebot. Infolgedessen ist der Wunsch nach Qualität geleitetem Gas zu erschwinglichen Preisen eine Hauptaspiration für Millionen Haushalte Chinas in den kleinen und mittelgross Städte geworden. Wah sang Gas wurde hergestellt unter diesem Marktklima. Über sechs Jahren Studie und Forschung, hat die Firma erfolgreich ein geleitetes Gas-Versorgungsmaterial-System entwickelt, das auf kleine und mittelgross Städte anwendbar ist. Das System ist erfolgreich an vielen Bereichen angewendet worden und ist in hohem Grade durch bocal Regierungen geschätzt worden und communities.Wah sang Gas liefert Zugang zum sauberen geleiteten Gas und hilft, den Standard des Lebens in vielen Städte aufzuwerfen. In der Vergangenheit Gas-Versorgungsmaterial war des PRCs Inlandmarkt ein geschlossenes. Da der PRC sich vorbereitet, um das WTO einzutragen, wird der Markt schnell erschlossen. Ahuge Markt wartet entwickelt zu werden und eingedrungen zu werden. "legte an der Sicherheit fest, gebunden an die Gemeinschaft" ist Wah sang Grundregel des Gases und es ist auch der Grund für den Erfolg der Firma. Beim Fortfahren, seine Technologie, Qualitätskontrolle, Service-Standards und Gas-Versorgungsmaterial-Sicherheit, Wah zu verstärken sang zur Verfügung stellt Zugang zum sauberen geleiteten Gas im PRC sowie in anderen sich entwickelnden Bereichen weltweit.

[Cromagnon]

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Ich bin sehr froh, so gut informiert zu werden. Weiter so!!!!

Ich find`s einfach gut. Als ich gehört habe, dass sie das WTO eintragen wollen, habe ich Wah, die Grundregel des Gases auf sang gestellt. Die bocal Regierungen habe ich mitgeschätzt und freue mich, wenn das Gas-Versorgungsmaterial-System endlich richtig geleitet wird. Hoffentlich wird Wah sang Gas weiter hergestellt.

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In order to strengthen the standard safe operation management, the consummation rules and regulations in force, guarantees double festival period the security operation, the company held the security committee plenary session to December 31, 2003.

The conference has notified 2003 year trouble-free service concrete content. In 2003, the company has increased the safe training dynamics, strengthened security knowledge education training by transport business management department with the human resources department union consummation, successively organized the region to move manager, various subsidiary companies moves director, and electrician specialized knowledge skill inspection training, moved manager by the region in view of aspect and so on specialized knowledge, working instruction, control system has organized various regions training, carried on the technical aspect to the new replacement subsidiary company staff to train. The management aspect, the company standard consummates the management, the operation system, achieves "in the system the wall, constructs a chapter of organicity", consummated "the accident to process", "the belt was mad the work" and so on the aspect operation system, achieved everything to have a legal basis, and unified the subsidiary company safe disposition according to the company standardization request. At the same time, transport business management department carried out "the standard station synthesis goal to reach the sign inspection standard", this standard has involved 13 standard contents, played the good role, will continue in 2004 as the key work to carry out, the implementation.

In addition, the company aimed at "51", "11", "the new station construction goes into production before the replacement" to carry on three major inspections and the salute work, truly achieved serves "". In view of the fuel gas profession trouble-free service particularity, strengthened the accident predetermined plan and the emergency with emphasis trains the work, set up 13 emergency predetermined plans, the responsibility arrived the person, the responsibility is clear about, organized various subsidiary companies take the region as the unit regularly to train.

The conference pointed out that, in 2004 New Year`s Day and the Spring Festival soon arrives, for guarantees "the double festival" the security operation work, the company increases the trouble-free service dynamics from following several aspects. One, strengthens the security check work, the company execution trustee, deputy general manager Fan Baoqi, transport business management department senior consultant no matter what celebrates lucky, transport business management department assistant inspector general Guoqing woods is responsible. Divides two groups the company seven regions, by Fan Zong, is appointed the total score not to bring the team to go to stands the comprehensive inspection, transport business management department dispatches an official, various transport business region general manager, moves manager and various subsidiary companies carries out manager, moves director to assist the adjusting work. Next, must guarantee was mad the source supply, by transport business management department with the fuel gas transport business department coordination, the making strictly with is mad the plan, guarantees "the double festival" the security air feed.

The conference proposed, at present exists the question and the insufficiency, like the inspection machine-made, the specialized level not high, the surveillance work insufficiently is solid and so on. In view of the series question and the insufficiency, the conference proposed the further work requirement, responsibly drafts "Safety control Regulation" by transport business management department assistant inspector general Guoqing woods and "Regular meeting System", is clear about the headquarters responsibility, the region responsibility, fully plays the security conference role, the use system mechanism standard operation operation; Various transport business region be established security group, wants the regular convention security conference, makes the conference summary newspaper base company; The operation aspect accident is responsible for, the vehicles accident by transport business management department Mr. Guoqing woods is responsible for, the personnel industrial accident by public relations executive Mr. Wang Yuru is responsible by human resources department Mr. Zhang Xuezhong; The security commission members reorganize the company various aspects the trouble-free service, does at the next regular meeting comprehensively compiles.

The conference finally pointed out that, the company must highly take the safety control work, must establish the security conference file, various transport business region and the base company each monthly report security monthly report record, truly achieves the safety first.

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Bin sehr dankbar wenn sich noch einige an diesem Thread beteiligen,und ewentuelle News hir Reinstellen!

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Company Profile

Chairman Mr. Shum Ka Sang
Directors Mr. Wang Guang Hao (Honorary Chairman)
Ms. Fan Bao Qi
Mr. Shen Yi
Mr. Qian Mingin
Mr. Shi Dun Hong
Mr. Cheung Man Hoi

Secretary Mr. Cheung Man Hoi
Auditor Ernst & Young
Address Suite 2002, 20/F One Pacific Place, 88 Queensway, Hong Kong
Tel [phone]
Fax [phone]
URL http://www.wahsanggas.com.hk
IssShare 2,177,000,000
MktCap (m) $ 1,828.68
Business
Nature The Group is engaged in gas fuel supply in the PRC, construction of gas pipeline networks, sale of LPG equipment and domestic gas appliances.
Prospects Looking ahead,the Group will continue to focus on small and medium-sized cities in the PRC with high GDP per capita and to explore new markets by securing exclusive contracts from local governments. The rapid urbanization process in small and medium-sized cities will continue to create enormous market potentials for the Group. This would create demand for piped gas, as the basic utility of daily life.
Principal
Bankers China Construction Bank
China Merchants Bank
Citic Ka Wah Bank Limited

Registry HKSCC Registrars Ltd
2/F., Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong
Tel : [phone]
Fax : [phone]
Major
Shareholder Shum Ka Sang (40.10%)
Tianjin Development Ltd (0882) (22.78%)

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16 Feb 2004 09:32 GEM Listing News

The Stock Exchange of Hong Kong Limited takes no responsibility for
the contents of this announcement, makes no representation as to its
accuracy or completeness and expressly disclaims any liability
whatsoever for any loss howsoever arising from or in reliance upon
the whole or any part of the content of this announcement.

Wah Sang Gas Holdings Limited
(incorporated in Bermuda with limited liability)

ANNOUNCEMENT

DELAY OF ANNOUNCEMENT OF THIRD QUARTERLY RESULTS
FOR THE NINE MONTHS ENDED 31 DECEMBER 2003

The Board wishes to inform the shareholders of the Company that the
announcement of the Third Quarterly Results and the despatch of the
2004 Q3 Report is expected to be delayed to on or before 31 March 2004.
Such delay will constitute a breach of Rule 18.66 of the GEM Listing
Rules.

Shareholders and/or potential investors are reminded to exercise
caution when dealing with securities of the Company.


By Order of the Board
Wah Sang Gas Holdings Limited
Shum Ka Sang
Chairman

Hong Kong, 13 February 2004

This announcement, for which the directors of the Company collectively
and individually accept responsibility, includes particulars given
in compliance with the Rules Governing the Listing of Securities on
the Growth Enterprise Market of the Stock Exchange (`GEM`) for the
purpose of giving information with regard to the Company. The directors
of the Company, having made all reasonable enquiries, confirm that,
to the best of their knowledge and belief:- (1) the information
contained in this announcement is accurate and complete in all material
respects and not misleading; (2) there are no other matters the
omission of which would make any statement in this announcement
misleading; and (3) all opinions expressed in this announcement have
been arrived at after due and careful consideration and are founded
on bases and assumptions that are fair and reasonable.

The above announcement is a summary only. For the full version of this
announcement, please refer to the `Latest Company Announcements` page
on the GEM website of www.hkgem.com.

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16 Feb 2004 11:43 Market News

(Infocast News) Wah Sang Gas (8035) announced that the announcement of the results for the third quarter ended 31 December, 2003 and the despatch of the quarterly report for the same period are expected to be delayed to on or before 31 March, 2004. Such delay will constitute a breach of the GEM Listing Rules.

The company said that additional time is required to prepare the third quarterly results as it appointed new auditors in January and the Chinese New Year holiday is in January. As the first nine-month period of the financial year for Wah Sang Gas ends of the financial year end date for Tianjin Development (0882), which is the second largest shareholder of Wah Sang Gas with an equity interest of 22.97%, it is the practice of Wah Sang Gas to have its results for the nine months ended on December 31 reviewed by its auditors.

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Renewal time: 2004-2-17 8:45:59 The project management personnel which organizes together with the human resources department trains by the project management department from February 2, 2004 to 4th in Nankai University China? The training center carries on. This training participates in the personnel for the project management department whole personnel, complete project manager, project overseeing, various projects group manages manager the total 65 people. The training content includes: The project management procedure, the construction and plumbing engineering overseeing, SNG, CNS stand the technical process and the craft technology parameter, the main equipment structure and the work mechanism, the correlation equipment introduced, the fuel gas history, the team construct aspect content and so on the occupational ethics and professional profession. The project management personnel thought this training is extremely essential. From the fuel gas elementary knowledge, each kind of equipment, the fitting principle of work all had the detailed understanding, causes the project management systematized, 理论化, the specialization, has enriched the practical work experience, has built the solid foundation for the next development work. The human resources department wish the sword male

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Renewal time: 2004-2-17 8:48:56 December first 10 days of the month, 2003, the company receives "about develops in 2004 which the Huaining county party committee government manages sends New Year`s Day, Spring Festival period to the difficult staff delivers warm active the notice". The Huaining station organization is ventilating the ignition to work General Manager Xu Xiaofeng to request the Huaining China? The positive organization participates in this item to move and takes the lead to donate money 200 Yuan, carries out Manager Zheng to continue? To Huaining China? The staff propagandized this active social significance, donates money on own initiative 100 Yuan. Afterwards the assistant carries out Manager Liu Xueming, Shi Paizhan Stationmaster Zhang Bin, fuel gas marketing department Anking group assistant Manager the Dong pinery respectively donates money 100 Yuan. Gao He, the stone sign two stations move Director Chen Xudong, Li Fengge donate money 50 Yuan. In under fellow leaders` impetus, each staff voluntarily donates money 10 Yuan. Company Huaining China? All staff donates 1,000 Yuan cashes deliver when (delivers warm active office) to the county general labor union, receives the person concerned highly to praise, the Huaining news media has also made the corresponding report to this matter. Offered the compassion, delivers warm donation to obtain the all staff`s positive response, has manifested China? Staff`s offer, the share spirit, have demonstrated China? Company`s image, has received the very good social efficiency. (Huaining Wang Songxia)

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Renewal time: 2004-2-17 9:07:58 The high quality service is an enterprise can stand firm during the market competition, one of high speed development basic conditions, the bonded area station does for China? Company`s front position, strives for the customer with the high quality service, obtains the customer the trust, has created the customer and the investor mutually trusts, mutually supports, the harmonious trade environment, is a guest, took both sides "double to win" opened a good cooperation prospect. Causes China? Becomes the customer approval, the society approves, can create the value and have the public utilities influence the fuel gas management enterprise, this regarding founds China? The enterprise foundation image and makes China? The brand concept is of great help. The bonded area stands from oneself starts, serves the customer, set up the good oral traditions in the bonded area multitudinous customer, both obtained government`s high praise, and had the customer support, its own value also in unfolds to the customer service during. The bonded area stands with the fine service and the customer communication, each other intercoordination. Regardless of is "the day sea", "reaches peacefully but", multitudinous user to China? The service all expresses satisfaction, the bonded area station has created the whole year non- user suit, does not have each kind of security hidden danger, does not have each kind of security accident the job performance, about the entire station diligently obtained the repayment, during creation enterprise economic value, also one and has promoted China? Enterprise culture, China? At the same time the enterprise service idea also obtained the social populace`s approval. CEO establishes China? The enterprise culture is China? The soul is at, it directly guides and leads China? In innovates, in the development path proceeds steadily, we must take it as the direct propelling force, "for China in small city and development industrial district fuel gas public utilities" the opening and the development lays down a glory the main road. Bonded area station Wang Zongxin

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Renewal time: 2004-2-17 9:08:55 Just when Spring Festival period, various each household all busily is living the preparation new year`s goods to celebrate our traditional holiday, the steaming hot meal, the happy blessing have filled everyone. This very moment already was I in China? The company passed the fourth Spring Festival, passed through these years to discipline I gradually to learn to the holiday warm transformation for to China? Enterprise enthusiasm, to general China? User`s enthusiasm, this causes me to know I every one day all such has the significance, then enriches; Caused me to understand the person should pursue any. These years passed through many matters, also let me understand were very many, occur in my side matter, constantly were not urging on me. This year Spring Festival the bumper year second day, I mix in Ninghe was mad the station duty, afternoon past five o`clock Zhannei on-duty telephone rapid resounds, originally is the shore new atmosphere station hits requests reinforcements the telephone, the general situation is this plot ninth building two lead-in tubes because is lower than congeals the water jar to appear the ponding the breakdown this place, creates the inhabitant not to be able the commonly used gas, after receives a telegram I the uneven tool to rush immediately with Xiao Zhandai the scene, because I stand first appearance this kind of breakdown therefore in view of has not fixed this kind of breakdown the special tool, simultaneously also lacks the corresponding experience. If again looks for the company to coordinate very possibly creates with the head of household time cannot normally use the fuel gas, but faces the vision which the user hoped for we not to be able to flinch, at that time we on to the user guaranteed like cannot restore the normal air feed we not to go back the rest. I, Xiao Zhan, movement labor Sun Lihui studied each solution but all not too to satisfy after the practice, carried on the work in evening below zero 9 outside, its difficulty it can be imagined, but listened to in the lead-in tube rumble rumble Shui Sheng, to look time very fast draining, in our heart that anxious, finally we decided adopted the simplest effective means, was pumps water with the mouth, we used the mouth to extract in turn through the hose the water from the lead-in tube, because the temperature too was low, Shui Choudao in the hose on already froze has become the ice dregs, As soon as did not meet our mouth all frozen stiff, moreover mixed Shui Rangren which had burns the smell to be straight wants to vomit, the users watch with the tail of eyed said any did not let us repair, they said "we late one day with were mad has not related, you left too laboriously". But we or persisted. On our slow meeting, pulls out like this as soon as can swim, finally restored the normal air feed in night past 11 o`clock for the user. Although at that time our frozen belt hungry, has been all already exhausted, but is looking the blue stove fire which the user lights, is listening to the words which the inhabitants thank, in our heart also was warm. Night came back remembers just processes the breakdown the process I was that excited. Does for stationmaster looks the staffs can meet the difficult time does not flinch, for company`s prestige and user`s benefit, they can not record individual success and failure, this is how commendable, I am am that arrogant for them! I thought President Shen advocated serves the objective for the user, our lovable staff certainly can use the practical action to manifest! Ninghe station Du Qiang

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Renewal time: 2004-2-17 9:12:20 Along with the cities construction high speed development, the lives of the people level unceasing enhancement, the convenient security pipeline fuel gas rapidly will popularize to each family. Because the pipe network unceasing development and extends, each kind to the pipe network and with is mad the safe constitution security hidden danger the factor, also is more and more prominent, fuel gas accident also sometimes occurs, therefore all must enhance vigilantly as the fuel gas company as well as each users, prevents accidents before they occur, eliminates the security hidden danger in the embryonic stage. At present threatens the pipe network security the factor mainly to have following several points: First, builds on the pipeline the unlicensed building as well as the human factor, creates the fuel gas pipeline the break to leak air. Now along with cities scale construction speeding up, some construction in is unclear in the thin consult underground utilities situation, carries on excavates work and so on ground, frequently digs breaks the fuel gas pipeline, after the fuel gas proliferation if the rescue is inferior to time, is extremely easy to initiate the accident. Second, as a result of the urban construction development, the terrain landform has had the enormous change, causes originally to conform to the request pipeline existence security hidden danger, if on the pipeline does not have the police to show the symbol, some constructions carry on when the construction is unable to understand underground has the fuel gas pipeline to carry on the construction, like this constructs very easily to threaten the pipe network the security. Third, the partial uses fuel gas pipeline user is artistic for the pursue, the neglect security, secretly changes the indoors fuel gas facility. Above all seriously threatens the hidden danger question which the people safety exists, took our fuel gas company certainly must with the related department cooperation, demolish on the pipe network the unlicensed building, must strengthen the management from the management method, transforms from the passive emergency into discovers the hidden danger on own initiative, eliminates the hidden danger, eliminates the hidden danger in the embryonic stage. "The safety first, the prevention primarily" is the safety control work policy, must from the basic unit management, aspect and so on equipment movement throughout put the trouble-free service on the first place, the powerful safeguard pipe network security check, practices the pipe network to patrol the line system, patrols the pipe network line with emphasis the unlicensed building, as well as artificial destruction. The fuel gas facility gets older, phenomenon and so on damage, the emergency case reported immediately the department concerned, and completes the scene guardianship work, must set up the symbol on the tube mesh wire, plays the police to show the role. In order to strengthen the user safely to realize, the fuel gas company must increase the propaganda dynamics, carries on the fuel gas installation security inspection to the user, found the problem prompt service, provides to the user safely with was mad the knowledge rules, correlation data and so on facility maintenance, causes safely with to be mad the knowledge true is widely known. Sintai China? - - Zou Xuelei

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A year idea lies in the spring. In the monkey year spring, the company organized to hold the series management`s workshop, work and so on company transport business, finance, human resources has carried on the research deployment, further adjusted and has consummated company`s developmental strategy, these conference achievements will have the profound influence to the company future development, Hua .wu count □ also under President Shen and the company high level leadership, "had no ideological problems weighing on the mind", started to step to the new victory journey.

On February 1 evening 8 o`clock, President Shen managed convenes Hua .wu to count □ (China) the investment company trustee conference. The conference mainly discussed rehas divided various regions and carries on the question which the personnel adjusted, and has drafted the big area division and the personnel adjusts the plan.

On February 2 2 PM, the company held the board of directors enlarged meeting, the peaceful commission`s organization established, in 2004 transport business series question and so on work summary and recent developmental strategy carries on deliberated. In order to strengthen the company trouble-free service, at the meeting had determined Mr. Fan Baoqi supervises Zha Jiren for the company chief security to celebrate lucky gentleman for company chief security adviser. The conference has also determined the company project qualifications, the equipment qualifications appraisal committee personnel. The conference considered passed transport business big area division and the personnel adjusts the plan.

On February 3 10 AM, President Shen convened CEO to manage, the human resources department, the public relations executive workshop. Has listened to three departments 2003 work summary and 2004 work plan, and how on paid special attention to the rear service, is better serves for transport business has carried on the research deployment.

On February 5 9 AM, the company convened 2,004 transport business big areas general manager the workshop. At the meeting, President Shen worked on 2004 has given the important instruction. The execution trustee, chief transport business official 沈毅 gentleman introduced in 2003 transport business working condition and in 2004 transport business work plan. How did eight incumbent regions general managers on do the work in the new post to carry on the report.

On February 5 2 PM, President Shen organized to convene big area general manager and various departments inspector general meets the meeting. At the meeting, big area general manager worked the question on 2003 to propose many opinions and the suggestion, various departments inspector general has given the answer in turn on these questions.

On February 6 10 AM, the company holds the board of directors enlarged meeting once more. Implemented the budget control system on the company, implements the personnel to establish job functions and responsibilities establishes a table of organization and so on the question has conducted the thorough research.

On February 6 afternoon to February 7 the morning, transport business system also one after another held transport business supervisory work conference, how did the solution transport business work existence question and pay special attention to transport business management to carry on the discussion. On February 7 the afternoon, transport business system also organizes to convene big area general manager with the company inspector generals and above personnel`s tea party, how in the work some actual problems and did the new year strengthen the coordination and the communication has carried on the relaxed harmonious exchange.

"Is elated with success, Hua .liu the lethargic cloth thinly guarantees □ through the company series conference convention, the company high level personnel" 如沐春风 ", achieved" the unification thought, the unification coordination, acts in unison "the mutual recognition. New year the new atmosphere, everybody all confidence multiplies, in Hua .mou on the chaotic files grave 憷 □ earth, will spread the new hope

(Newspaper reporter)

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* The company installs the qualifications authentication through the pressure piping


In order to strengthen to the pressure piping quality surveillance and the safe supervision, the safeguard pressure piping safe operation, the country has appeared the correlation stipulation. The pressure piping installs the unit must have the installment corresponding category rank pressure piping the qualifications, only then may develop the corresponding service.

From December 19, 2003 to 21st, to the company qualifications authentication carries on the association in the foundation which the appraisal completed to examine. Tianjin engineering supervision bureau boiler place Department Head Xin managed the association to examine the conference.

The engineering dept obtains from this January 15 accepts the written notice and begins to prepare, gradually established and has consummated the company quality guarantee system, has formulated the pressure piping installment quality guarantee handbook and its the procedure document, the work document, simultaneously under the big strength has consummated the pipeline construction hardware, caused our pipelining the project truly to defer to related standard which the country pressure piping installed the standard executive program request construction.

Examines in the conference in the association, the project management department earnestly reported the company pressure piping to install the nature to guarantee the process which the system establishment improved and proclaims passes through, earnestly has listened to the leader and the experts opinion and the determination next work direction. The association examined to company`s quality system document, basically installs the condition, the equipment, the personnel and the scene construction situation has made the comprehensive examination, had pointed proposed very many valued suggestions.

Conference final, Tianjin boiler place Engineer Zong gave to the company for half year work has very high appraised, simultaneously also proposed many critical opinions, Department Head Xin read out the association to examine the report and smoothly examines to the our company through the association expressed the congratulation.

The company through the national level confirmation organization examination, symbolized the our company completely has the qualifications to develop the related service.

- - Project management department

[traudich100]

* Volksrepublik China Stufensprungaufgabe temporäre vorgeschriebene Erneuerungzeit: 10:34:21 verkauft der erste Artikel 2004-2-23 die Ladung innerhalb der Grenzen der Volksrepublik China oder liefert die Verarbeitung, bildet die Reparatur Reparaturen den Service sowie die Importladungmaßeinheit und einzeln, (bezieht nachher sich als Steuerzahler), als der Stufensprungaufgabe Steuerzahler, Muß an entsprechend dem Text hängen die Richtlinie ab, um die Stufensprungaufgabe zu zahlen. Zweiter Artikelstufensprungaufgabe Steuersatz: (1) Steuerzahlerverkäufe oder die Importladung, ausgenommen dieses (2)., außerhalb (3). Bedingung, der Steuersatz ist 17%. (2) ist Steuerzahlerverkäufe oder der Import nach Ladung, der Steuersatz 13%: 1. Korn, eßbares Pflanzenöl; 2. besetzt laufendes Wasser, die warme Luft, die Klimaanlage, das Heißwasser, das Kohlegas, das flüssige Gas des Erdöls, das Erdgas, das Methan, das Zivilkohleprodukt; 3. Bücher, Zeitung, Zeitschrift; 4. Zufuhren, chemisches Düngemittel, landwirtschaftliche Chemikalien, Bauernhofmaschinerie, landwirtschaftliche Membrane; 5. Zustand-Rat vereinbarte andere Ladungen. (3) exportiert Steuerzahler die Ladung, der Steuersatz ist null; Aber, der Zustand-Rat hat die Bedingung zusätzlich, eine Ausnahme zu sein. (4) stellt Steuerzahler die Verarbeitung, die Reparaturmarken Reparaturen der Service (als versteuerbarer Service nachher sich beziehen), der Steuersatz ist 17% zur Verfügung. Die Steuersatzjustage, entschieden vom Zustand-Rat. Der dritte Artikelsteuerzahler kampieren gleichzeitig unterschiedliche Steuersatzladung, oder der versteuerbare Service, Muß errechnen separat die unterschiedliche Steuersatzladung oder den versteuerbaren Service-Umsatz. Errechnet nicht separat den Umsatz, von der Höhe ist verwendbar der Steuersatz. Vierter Artikel außer dieser Richtlinie 13. Bedingung, der Steuerzahler verkauft die Ladung oder liefert den versteuerbaren Service (als Verkäufe Ladung oder versteuerbarer Service nachher sich beziehen), passende Zahlung Steuermenge für, wenn die Zeit eine Steuermenge verkauft, um in der Wölbung nach der Zeiteinkommenssteuermenge anzukommen die restliche Summe. Passende Zahlung Steuer-Menge Formel: Passende Zahlung Steuermenge =, wenn die Zeit eine Steuermenge verkauft - um als Zeiteinkommenssteuermenge zu arbeiten weil, wenn die Zeit eine Steuermenge verkauft, um kleiner zu sein als wenn die Zeiteinkommenssteuermenge?? wölbt sich nicht, seine Unzulänglichkeit ist teilweise kann naechstes Mal tragen, um fortzufahren, in der Wölbung anzukommen. Der fünfte Artikelsteuerzahler verkauft die Ladung, oder der versteuerbare Service, entsprechend dem Umsatz und dieser Richtlinie zweite Bedingung-Steuersatzberechnung und kauft die Stufensprungsteuermenge, der die Kunde Versammlungen, eine Steuermenge verkauft. Verkauft die Steuermenge Formel: Verkauft die Steuermenge = den Umsatz * Steuersatz der 6. Artikelumsatz verkauft die Ladung, oder der versteuerbare Service für den Steuerzahler kauft außerhalb der kompletten Kosten und des Preises, dem der Kunde die Unkosten erfaßt, aber das Einschließen erfaßt nicht Verkäufe ein Steuermenge. Umsatz durch Renminbi Berechnung. Der Steuerzahler durch den Devisenkursregelung Umsatz, muß in die Renminbi Berechnung entsprechend dem Preis des Devisenmarkts umwandeln. Der 7. Artikelsteuerzahler verkauft die Ladung, oder der versteuerbare Service-Preis, der offensichtlich ist, ist ein wenig niedrig und die nicht Ermächtigung, überprüft seinen Umsatz durch die verantwortliche Steuerangelegenheiten Anstalt. Der achte Artikelsteuerzahler kauft die Ladung oder nimmt den versteuerbaren Service (als Erwerbe Ladung oder versteuerbarer Service nachher sich beziehen) an, zahlt oder die Belastung Stufensprung-Steuermenge für die Einkommenssteuermenge. Erlaubnis von den Verkäufen die Einkommenssteuermenge, die in einer Steuermenge Wölbungen, außer dieser dritten Abschnittbedingungsituation ankommt, wird in der Stufensprungsteuermenge die in der folgenden Stufensprungaufgabe? eingeschränkt? Bescheinigung zeigt an: Die Stufensprungsteuermenge vom Verkäufer, den (1), das auf dem Stufensprungaufgabe für einen speziellen Zweck Empfang erreicht, anzeigt; (2) erhält die Stufensprungsteuermenge von den Gewohnheiten, die Aufgabe in der Bescheinigung zahlt, um anzuzeigen. Kauft das steuerfreie Agrarerzeugnis, um zu ermöglichen ankommt in der Wölbung die Einkommenssteuermenge, entsprechend Kaufpreis und 10% Abzugrate Berechnung. Einkommenssteuer-Menge Formel: Einkommenssteuermenge = Kaufpreis * Abzugrate das nin

[traudich100]

People`s Republic of China increment duty temporary regulation renewal time: 2004-2-23 10:34:21 First article sells the cargo within the boundaries of the People`s Republic of China or provides the processing, the repair makes repairs the service as well as the import cargo unit and individual, (hereafter refers to as taxpayer) as the increment duty taxpayer, must depend on according to the text the rule to pay the increment duty. Second article increment duty tax rate: (1) taxpayer sells or the import cargo, except this (2)th, outside the (3)th stipulation, the tax rate is 17%. (2) taxpayer sells or the import following cargo, the tax rate is 13%: 1. grain, edible vegetable oil; 2. running water, the warm air, the air conditioning, the hot water, the coal gas, the petroleum liquid gas, the natural gas, the methane, occupy the civil coal product; 3. books, newspaper, magazine; 4. feeds, chemical fertilizer, agricultural chemicals, farm machinery, agricultural membrane; 5. State Council stipulated other cargos. (3) taxpayer exports the cargo, the tax rate is zero; But, the State Council has the stipulation in addition being an exception. (4) taxpayer provides the processing, the repair makes repairs the service (to hereafter refer to as dutiable service), the tax rate is 17%. The tax rate adjustment, decided by the State Council. The third article taxpayer concurrently camp different tax rate cargo or the dutiable service, must separately calculate the different tax rate cargo or the dutiable service sales volume. Not separately calculates the sales volume, from high is suitable the tax rate. Fourth article besides this rule 13th stipulation, the taxpayer sells the cargo or provides the dutiable service (to hereafter refer to as sales cargo or dutiable service), due payment tax amount for when the time sells a tax amount to arrive at the buckle after the time income tax amount the remaining sum. Due payment tax amount formula: Due payment tax amount = when the time sells a tax amount - to work as time income tax amount Because when the time sells a tax amount to be smaller than when the time income tax amount 足抵 does not buckle, its insufficiency will be partial may carry the next time to continue to arrive at the buckle. The fifth article taxpayer sells the cargo or the dutiable service, according to the sales volume and this rule second stipulation tax rate computation and to buys the increment tax amount which the buyer gathers, sells a tax amount. Sells the tax amount formula: Sells the tax amount = sales volume * tax rate The sixth article sales volume sells the cargo or the dutiable service for the taxpayer to buys outside the complete cost and the price which the buyer gathers the expense, but including does not gather sells a tax amount. Sales volume by Renminbi computation. The taxpayer by the foreign exchange settlement sales volume, must convert into the Renminbi computation according to the foreign exchange market price. The seventh article taxpayer sells the cargo or the dutiable service price obvious is somewhat low and the not warrant, checks its sales volume by the responsible tax affairs institution. The eighth article taxpayer purchases the cargo or accepts the dutiable service (to hereafter refer to as purchases cargo or dutiable service), pays or the burden increment tax amount for the income tax amount. Permits from sells the income tax amount which in a tax amount arrives buckles, besides this third section stipulation situation, is restricted in the increment tax amount which in the following increment duty 扣税 certificate indicates: The increment tax amount from the seller which (1) which obtains on the increment duty special-purpose receipt indicates; (2) obtains the increment tax amount from the customs which pays duty in the certificate to indicate. Purchases the tax-free agricultural product to permit arrives at the buckle the income tax amount, according to purchase price and 10% deduction rate computation. Income tax amount formula: Income tax amount = purchase price * deduction rate The ninth article taxpayer purchases the cargo or the dutiable service, has not deferred to the stipulation to obtain and the preserved increment duty 扣税 certificate, or in the increment duty 扣税 certificate has not deferred to the stipulation to indicate the increment tax amount and other related items, its income tax amount does not have from to sell in a tax amount to arrive at the buckle. The tenth article following project income tax amount does not have from to sell in a tax amount to arrive at the buckle: (1) purchases the fixed asset; (2) uses in a non- dutiable goal to purchase the cargo or the dutiable service; (3) uses in the tax-free goal to purchase the cargo or the dutiable service; (4) uses in the collective welfare or the individual consumption purchases the cargo or the dutiable service; (5) unusual loss purchases the cargo; (6) unusual loss purchases the cargo or the dutiable service which in the product, the finished product consumes. The 11th article small scale taxpayer sells the cargo or the dutiable service, the implementation simple means computation due payment tax amount. The small scale taxpayer`s standard stipulated by Ministry of Finance. The 12th article small scale taxpayer sells the cargo or dutiable service levying rate is 6%. The levying rate adjustment decided by the State Council. The 13th article small scale taxpayer sells the cargo or the dutiable service, according to the sales volume and this rule 12th stipulation levying rate computation due payment tax amount, does not have to arrive buckles the income tax amount. Due payment tax amount formula: Due payment tax amount = sales volume * levying rate The sales volume compares according to the text the rule sixth, the seventh stipulation determination. The 14th article small scale taxpayer accounting is perfect, can provide the accurate tax affairs material, authorizes by the responsible tax affairs institution, may not regard as the small scale taxpayer, according to according to the text rule related stipulation computation due payment tax amount. The 15th article taxpayer imports the cargo, 计税 the price according to the composition and this rule second stipulation tax rate computation due payment tax amount, does not have to arrive buckles any tax amount. The composition 计税 the price and the due payment Tax amount formula: The composition 计税 the price = customs duty duty paying value + customs duty + excise tax due payment tax amount = composition 计税 the price * tax rate 16th article following project exemption increment duty: (1) agricultural producer sells from produces the agricultural product; (2) contraceptive drugs and apparatus; (3) ancient books; (4) directly uses in the scientific research, the science experiment and the teaching import instrument, the equipment; (5) foreign government, international organization free aid import commodity and equipment; (6) furnished raw material processing, the document received assemble the equipment which and the compensation trade must import; (7) organizes by the disabled person directly to enter the oral confession disabled person`s special-purpose goods; (8) sales own have used goods. Besides the down payment stipulation, the increment duty is exempted from tax, reduces the tax project to stipulate by the State Council. Any area, the department do not have to stipulate tax-free, reduces the tax project. The 17th article taxpayer concurrently camp is exempted from tax, reduces the taxes and levies goal, must alone calculate tax-free, reduces the taxes and levies goal sales volume; Not alone calculates the sales volume, does not have to be exempted from tax, to reduce the tax. The 18th article taxpayer sales volume had not achieved Ministry of Finance stipulated the increment duty gets up drafts, exemption increment duty. The 19th article increment duty tax payment duty has the time: (1) sales cargo or the dutiable service, or obtains for 收讫 the sales funds demands the sales funds proof the same day. (2) import cargo, for declaration import same day. The 20th article increment duty levies by the tax affairs institution, the import cargo increment duty drafts by the customs generation. Personally carries or mails the advancement to use for oneself the goods increment duty, one and the idea drafts together with the customs duty. The concrete means handle jointly with the department concerned by State Council customs duty tariff regulation committee to formulate. The 21st article taxpayer sells the cargo or the dutiable service, must to buy the buyer to draw up the increment duty special-purpose receipt, and separately indicates the sales volume on the increment duty special-purpose receipt and sells a tax amount. Belongs to one of following situations, needs to draw up the receipt, must draw up the ordinary receipt, does not have to draw up the increment duty special-purpose receipt: (1) approaches the consumer to sell the cargo or the dutiable service; (2) sales duty free goods; (3) small scale taxpayer sells the cargo or the dutiable service. 22nd article increment duty tax payment place: (1) fixed industry household must report to a higher authority the tax payment to its organization locus manager tax affairs institution. Total organization and branch office not in identical county (city), must separately report to a higher authority the tax payment to respective locus manager tax affairs institution; Approves after the national tax affairs bureau or its authorized tax affairs institution falls compiles reports to a higher authority the tax payment to the total organization locus manager tax affairs institution. (City) sells the cargo (2) fixed industry household to the outside county, must draw up to its organization locus manager tax affairs institution application egresses the management tax administration proof, reports to a higher authority the tax payment to its organization locus manager tax affairs institution. Has not had its organization locus manager tax affairs institution to issue after due investigation egresses the management tax administration proof, (city) sells the cargo or the dutiable service to the outside county, must report to a higher authority the tax payment to the sales manager tax affairs institution; To the sales manager tax affairs institution had not reported to a higher authority the tax payment, makes up by its organization locus manager tax affairs institution drafts the tax money. (3) non- fixed industry household sale cargo or the dutiable service, must report to a higher authority the tax payment to the sales manager tax affairs institution. (4) import cargo, must by import the person or its agent to the declaration custom declaration tax payment. The 23rd article increment duty tax payment deadline respectively is on first, on third, on fifth, on tenth, on 15th or a month. Taxpayer`s concrete tax payment deadline, separately checked by the responsible tax affairs institution according to the taxpayer due payment tax amount size; Cannot defer to the fixed deadline tax payment, may 按次the tax payment. The taxpayer take a month as an issue of tax payment, reports to a higher authority the tax payment expired date of tenth in from; Take first, on third, on fifth, on tenth or on 15th as an issue of tax payment, pays the tax money expired date of fifth in from, on first will get up in tenth to the next month to report to a higher authority paid taxes and settled account the last month due payment tax money. The 24th article taxpayer imports the cargo, must issue the tax money from the customs to pay the card the next day to get up in seventh to pay the tax money. The 25th article taxpayer exports is suitable the tax rate for the zero cargo, goes through the exportation formalities after the customs, depends on exports the declaration form and so on the related certificate, may monthly to the tax affairs institution report to a higher authority manages should the item export the cargo the tax reimbursement. The concrete means stipulated by the national tax affairs bureau. After exports the cargo to handle the tax reimbursement to occur returns goods or draws back closes, the taxpayer must legally 补缴 already the tax money which draws back. The 26th article increment duty levies the management, "Levies Management Law according to People`s Republic of China Tax revenue" and this rule related stipulation execution. 27th replies to each point in turn the foreign investment enterprise and the foreign enterprise levies the increment duty, according to Standing Committee of the National People`s Congress related decision execution. 28th article this rule is responsible by Ministry of Finance to explain that, the implementation regulation formulates by Ministry of Finance. 29th article this rule got up from January 1, 1994 executes. On September 18, 1984 the State Council issued "the People`s Republic of China Increment duty Rule (Draft)", "the People`s Republic of China Product Tax Rule (Draft)" also abolishes.

[traudich100]

China: 7 % Wachstum-Überhitzung droht-Privateigentum
Peking 09.03.04 (www.asia-economy.de)

In der vergangenen Woche hat die Jahrestagung des chinesischen Nationalen Volkskongresses (NVK) begonnen welche bis zum 14. März gehen wird und u.a. im Zeichen des 50. Jahrestages des Bestehens steht.
Er wird in China als das höchste staatliche Organ gesehen. Die Aufgaben des NVK werden folgendermaßen definiert:

- Abänderung und Überwachung der Verfassung,
- Ausarbeitung und Abänderung von Gesetzen,
- Wahl und Abberufung der Führungskräfte der administrativen, militärischen und juristischen Organe des Staates,
- Prüfung der verschiedenen Pläne zur wirtschaftlichen und gesellschaftlichen Entwicklung sowie von Grenzveränderungen des Landes oder der Provinzen.

Am Sonnabend wurde durch die Regierung der Bericht über die wirtschaftliche und gesellschaftliche Entwicklung des Landes sowie über den Staatshaushaltsplan für 2004 abgegeben.
Dazu heißt es, dass die chinesische Regierung in diesem Jahr Maßnahmen zur Reduzierung der Risiken bei der wirtschaftlichen Entwicklung ergreifen wird, um die kontinuierliche, gesunde und koordinierte Entwicklung der Volkswirtschaft sowie den Fortschritt der Gesellschaft zu verwirklichen.
So solle das Defizit im Staatshaushalt auf dem vorjährigen Stand gehalten werden und im Verhältnis zum Bruttoinlandsprodukt sogar niedriger als im Vorjahr liegen.
Dazu hat der Ministerpräsident Wen Jiabao das Wachstumsziel für 2004 mit 7 % beziffert und gleichzeitig gewarnt, dass eine Geschwindigkeit von 9,1 %, wie im vergangenen Jahr, zu einer Inflation und Schieflage des Staatshaushaltes führen kann. Wen Jiabao sagte dazu: "Die Zentralregierung hat das Planziel, im laufenden Jahr ein Wirtschaftswachstum von 7 % zu erreichen. Dabei haben wir berücksichtigt, dass das wirtschaftliche Wachstum mit den vorhandenen Ressourcen an Energie, Rohstoffen und Materialien sowie mit der verfügbaren Infrastruktur in Einklang stehen muss. Damit soll eine übermäßige Belastung der Energiesituation und der Umwelt verhindert werden. Die finanziellen und materiellen Ressourcen sollten stärker zur gesellschaftlichen Entwicklung und zur Belebung schwacher Sektoren verwendet werden."

Diesen Ausführungen folgte auch der Minister für Staatsentwicklung und Leiter der Reformkommission, Ma Kai. Er warnte vor einem ungezügelten Wirtschaftswachstum und verwies darauf, dass der Boom schnell in eine Krise umschlagen könnte. Zudem seien 7 % kein zu geringes Wachstum, führte er weiter aus. Die bisherigen Anstiege zwischen 8 und 10 % haben bereits einen extremem Rohstoffverbrauch und erhebliche Umweltverschmutzungen nach sich gezogen. So wurden in China im vergangenen Jahr ein Drittel der weltweit verbrauchten Kohle verwendet sowie 27 % des Stahls und 40 % des Zementes verbaut.

Der Minister Ma Kai, dazu im einzelnen:
Es wird ein Wirtschaftswachstum von 7% angestrebt. Es sollen 9 Mill. neue Arbeitsplätze geschaffen werden bei einer Rate von 4,7% gemeldeter Arbeitsloser. Es wird von einem Anstieg der Verbraucherpreise um 3% ausgegangen. Der Im- und Exporte soll um 8% gesteigert werden.
Weiterhin werde die Regierung die Emission von Staatsobligationen weiter reduzieren und die Investitionen in Anlagevermögen einschränken.
Ein weiterer wesentlicher und viel beachteter Punkt ist, das erstmals seit der kommunistischen Revolution von 1949 der Schutz von Privateigentum in das chinesische Grundgesetz aufgenommen werden soll.
Die Ausführungen von Seiten der Regierung, vor allem Wen Jiabao, bezüglich der Drosselung des Wachstums wurden durch die zahlreich vertretene Internationale Presse aufmerksam wahr genommen.

Bezugnehmend auf das Auseinanderdriften zwischen Stadt und Land wurde hervorgehoben, dass in diesem Jahr die realen Pro-Kopf-Einkommen der ländlichen Bevölkerung, diese machen immerhin 800 Mill. des 1,3 Mrd. Einwohner-Landes aus, gegenüber dem Vorjahr um 5% erhöht werden soll.
Wen Jiabao betrachtet die Lösung der gravierenden Probleme dieser Bevölkerungsschicht als vorrangiges Ziel. Dazu soll u.a. eine Aufhebung aller landwirtschaftlichen Steuern innerhalb der nächsten 5 Jahre helfen.
Wen Jiabao dazu: "Die Lösung der Probleme in den ländlichen Gebieten und insbesondere in der Landwirtschaft und beim Lebensunterhalt der Bauern ist eine der größten Herausforderungen unserer gesamten Arbeit. Wir sind uns der Notwendigkeit einer einheitlichen Planung der Entwicklung von Stadt- und Land bewusst. In diesem Sinne wollen wir Maßnahmen zur Stärkung der Landwirtschaft ergreifen und die Einkommen der Bauern erhöhen."

Bereits in den vergangenen 3 Jahren wurden zur Förderung der Getreideproduktion durch die Staatliche Kommission für Entwicklung und Reform jährlich 3 Mrd. Yuan zur Verfügung gestellt.
Finanzminister Jin Renqing sagte dazu, das die Regierung in ihrem Budget für dieses Jahr besonders die Landwirtschaft, die ländlichen Gebiete und die Bauern berücksichtigen wird. Die Gesamtausgaben werden sich demnach um mehr als 30 Mrd. Yuan erhöhen, 20% mehr als im vergangenen Jahr. Die Besteuerung von speziellen Agrarprodukten wird im Laufe des Jahres 2004 aufgehoben, ausgenommen sei die Tabaksteuer. Die allgemeine Besteuerung der Landwirtschaft wird um mehr als 1 % gesenkt werden, mit einer höheren Reduktion für Hauptanbaugebiete von Getreide und Getreideproduzenten. Die Belastung der Bauern soll so um 11,8 Mrd. Yuan gesenkt werden. In 5 Jahren würden die Landwirtschaftssteuern ganz aufgehoben, so Jin.

Es werden weiterhin große Herausforderungen auf China zukommen, vor allem das im Zuge des Beitrittes zur WTO ab dem nächsten Jahr so gut wie alle Beschränkungen fallen werden.

[BillyT.]

Hallo Traudich100,

du hast doch im asia-economy Forum gefragt, ob du der einigste Wah Sang Gas investierte bist. Bin dort nicht angemeldet, also schreib ich hier rein.

Bin auch drin mit einer relativ kleinen anzahl.
Bin im moment mit Wah Sang ordentlich im minus.
Bin mir aber nicht sicher, ob ich jetzt nachkaufen soll.

Greetz

BillyT.

[traudich100]

Hallo Billy,

Nachkaufen werde ich zu zeit noch nicht. Denke man kommt die noch günstiger.
Es ist auch schwer an News über WSG zu kommen, aber bis ende des Monat wird sich sicherlich was tun denke mal Positives und dann kann es gerne von mir aus auf 0,17€ gehen.
Kennst du eigentlich ein Übersetzungsprogramm Chinesisch ins Deutsche

[asiate]

Hey

@Billy

dann mußte dich dort einfach mal anmelden Bin ebenfalls dort des öfteren unterwegs.

@traudich

altavista.com hat von chinesisch in englisch

Bis dann

[traudich100]

Hy asiate,

Das ist aber seltener Besuch von dir. Kannst ja auch mal was neues hier Reinschreiben oder bist du immer noch nicht Investiert ?

Altavista.com habe ich schon, denke gibt doch bestimmt noch was anderes?

[asiate]

Hey

@traudich

ich habe gestern bei ftor. Intac reingesetzt im Zockerthread, da bin ich mit bei

Bis dann

[traudich100]

[traudich100]

Bilder einzufügen muß ich noch lernen!

[matthiasch]

Hallo

Bin auch investiert und halte sehr viel von der Bude
Was ich aber noch bräuchte, ist der aktuelle Kurs in China
Kann bitte jemand den Link reinstellen Danke

Gruß matthiasch

[traudich100]

http://de.finance.yahoo.com/m5?a=4000&s=JPY&t=EUR&c=0

Hallo matthiasch, hir kannst du die Kurse abfragen.

Gruß TD

[traudich100]

A Tianjin foreign national chamber of commerce line visits company Wu Qingzhan to visit inspects

On March 6 the afternoon, Tianjin foreign national office directors, the city foreign national chamber of commerce honorary association presidents open the forint, city foreign national office assistant directors 哈文 the dragon, Tianjin foreign national chamber of commerce vice-chairmen and so on line of 14 people in company board of directors presidents the concurrently chief executive officer, city foreign national chamber of commerce association president Shen Jia. 龅 阃 □ get down to company Wu Qingzhan visit inspect. The guest has given a higher appraisal to company`s development and the management.
At the symposium, company public relations executive inspector general Mr. Sun Yang introduced to the guests company`s basic situation, Tianjin big area General Manager Zhang Tieshan introduced the Tianjin area market development and the operating condition, finally, Mr. Shen succinctly reviewed own struggle course, and summarized own management feeling, Mr. Shen`s "has suffered a loss is the luck" wrestles in the field multitudinous entrepreneur`s warm applause.

[traudich100]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[traudich100]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[traudich100]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[traudich100]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[matthiasch]

Bist du sicher, dass das der richtige Link war
Wenn doch, dann klär mich bitte auf

[traudich100]

matthiasch, BM

[traudich100]

HK Wah Sang Gas/Earnings: Netz 3Q Springt Die 34% REKLAMEANZEIGE Hong-Kong (Dow Jones) -- China geleiteter Gasverteiler, den Wah Gas-Holdings Ltd. (H.WSG) sagte sang, daß Dienstag sein Reingewinn für die neun Monate beendet Dez. 31 71%, hauptsächlich auf einer Schwankung in den Anschlußgebühren sprang. Die Firma sagte, daß Reingewinn zu HK$199.1 Million auf der Rückseite einer 63% Zunahme des Einkommens zu HK$564.7 Million während der Periode stieg. Auf a pro Anteilgrundlage, stieg Einkommen zu 9.26 HK Cents von 8.50 HK Cents in der gleichen Periode ein das Jahr früher. Der Sprung in den Einkommen lag an einer Zunahme der one-off Anschlußgebühren hauptsächlich, die 66% von Verkäufen während der Periode erklärten. Die Firma sagte, daß die Zunahme der Anschlußgebühren an seiner Strategie der Erweiterung in Städte mit verhältnismäßig hohen durchschnittlichen Haushalt Einkommen lag. HK Wah Sang Gas/Earnings -3: Netz 3Q Springt 34% Während der dreimonatigen beendeten Periode Dezember 2002, erntete die Firma einen Reingewinn von HK$206.5 Million, ein 34% Zunahmeüberschuß das gleiche Viertel 2001. Die Firma empfängt Anschlußgebühren von den Eigenschaft Entwicklern und von den Eigenschaft Verwaltungsgesellschaften für den Aufbau der Gasrohrleitungen, die Benutzer an seine Hauptrohrleitungnetze anschließen. Haushalte schlossen während der Periode zusammenzählten 172.000 an. Wah sang geleitete Gasnetze umfassen jetzt eine Gesamtmenge von 415.000 Maßeinheiten in 50 Festland China Städte, von denen 14 bereits sogar gebrochen haben. Die Firma sagte den durchschnittlichen Anschluß Gebühr erreichtes CNY2,330 (USS1=CNY8.28) pro Haushalt, eine Zunahme des 11% Überschusses die gleiche Periode letztes Jahr. Passend zu einem Festziehen seiner Kreditpolitik zu den Kunden, Wah sang besagtes es hat gehandhabt, seine durchschnittliche Ansammlung Periode für die Außenstände zu begrenzen zu 78 Tagen. Die Firma produzierte auch einen Bargeldumlauf von HK$180.5 Million aus Betrieben während der Periode, herauf 52% vom HK$118.5 Million 2001. Die Firma hat ein dreijähriges HK$220 Million syndicated Kreditvereinbarung im November, um capital-intensive Netzgebäude zu finanzieren gesichert. Wah sang Vorsitzenden Charlien, den Shum sagte, daß die Firma hat, keinen Plan für eine Anteilplazierung aber in den Gesprächen für weitere Kreditfazilitäten ist. - durch Loretta Ng und Chan Ka singen Sie, Dow Jones Newswires; 852-2832-2342; [e-mail]

[traudich100]

Wah Sang Gas Holding (DE) befindet sich momentan
sowohl in kurzfristigen, mittelfristigen als auch in
langfristigen Abwärtstrends.
Die Eindeutigkeit der Abwärtstrends in allen Zeithorizonten
ist aber noch nicht ganz sicher, da der Kurs erst um 2,38
Prozent unter dem 20−Tage−GD bei 0,09 notiert, der erst
am 02.03.2004 gekreuzt wurde.
Das nächste Kursziel stellt sich dennoch auf das
24−Monats−Tief von 0,08, womit vorläufig ein
Abwärtspotential von 9,30 Prozent besteht.

[Falanx]

Also herzlichen Glückwunsch, traudich. Aber Du erwartest hoffentlich nicht, dass ich das alles lese.

Immerhin war ich schon mal hier!

[traudich100]

Falanx, nein das braust du auch nicht, wenn der punkt kommt zum Kaufen sage ich rechtzeitig bescheid.

Wird aber nicht mehr lange dauern!!!

Gruß TD

[Falanx]

@traudich

Ich beobachte das auf alle Fälle hier..

[matthiasch]

Zum Kotzen

[traudich100]

Kein Grund zur sorge das wahr ja angekündigt, hatte ja geschrieben man kommt noch günstiger rein.
Habe heute noch eine sehr große Order raus. Sollte ich sie bekommen zu meinen Kurs dann geht’s erstmal wieder Richtung Norden.

Also heute oder Morgen schön aufpassen!

TD

[matthiasch]

Sollte ich sie bekommen zu meinen Kurs dann geht’s erstmal wieder Richtung Norden.

Wie soll ich denn das verstehen?
Hast du da drüben ne Millionenorder platziert

Aber heute geht es ja wieder schöne 7% bergab auf ein neues Low...

Ich steige aus, da stimmt irgendwas nicht

[matthiasch]

Heute schon wieder -6,5% auf 0,62

Bid / Ask 0.610 / 0.620


-> fairer Kurs 0.06364€ zu 0.06468 €

aktuell 0,069€

Da ist in Deutschland aber noch was nachzuholen!


Ich bleibe dabei: Irgend etwas stimmt da nicht

[traudich100]

Hallo matthiasch,

Meine Order wurde noch nicht Ausgeführt.

Hier noch mal warum es zur zeit runter geht.

Die Börse von Hong-Kong begrenzt nimmt keine Verantwortlichkeit für den Inhalt dieser Ansage, bildet keine Darstellung hinsichtlich seiner Genauigkeit oder Vollständigkeit und dementiert ausdrücklich jede Verbindlichkeit für jeden möglichen Verlust, howsoever, entstehend aus oder im Vertrauen nach dem Ganzen oder in irgendeinem Teil des Inhalts dieser Ansage. Wah sang die Gas-Holdings, die begrenzt wurden (verbunden in Bermuda mit beschränkter Haftung) ANSAGE WEITER VERZÖGERT VON DER ANSAGE DER DRITTEN VIERTELJÄHRLICHEN RESULTATE FÜR DIE NEUN MONATE BEENDETE DEZEMBER 31 2003 Das Brett möchte die Aktionäre über die Firma informieren, daß die Ansage der dritten vierteljährlichen Resultate und der Abfertigung des Reports 2004 Q3 erwartet wird, zu an oder vor April 30 2004 verzögert zu werden. Solch verzögert festsetzt einen Bruch von Richtlinie 18.66 der EDELSTEIN Auflistung Richtlinien. Aktionäre und/oder Potentialinvestoren werden erinnert, Vorsicht beim Beschäftigen auszuüben Sicherheiten der Firma. Auf Befehl von dem Brett, das Wah Gas-Holdings begrenztes Shum Ka sang, sang Vorsitzenden Hong-Kong, März 31 2004 Diese Ansage, für die die Direktoren der Firma zusammen und nehmen einzeln Verantwortlichkeit, einschließt die Einzelheiten an, die gemäß den Richtlinien gegeben werden, welche die Auflistung von Sicherheiten auf dem Wachstum-Unternehmen-Markt der Börse regeln ("EDELSTEIN") mit dem Ziel das Geben von von Informationen hinsichtlich der Firma. Die Direktoren der Firma, nachdem siegebildet alle angemessenen Anfragen siegebildet hatten, bestätigen den, zum besten ihres Wissens und Glaubens: - (1) sind die Informationen, die in dieser Ansage enthalten werden, genau und in allem materiellen Respekt und im Irreführen nicht komplett; (2) dort sind keine anderen Angelegenheiten, dessen Auslassung jede mögliche Aussage in dieser irreführenden Ansage abgeben würde; und (3) sind alle Meinungen, die in dieser Ansage ausgedrückt werden, in, nachdem passend und vorsichtige Betrachtung, angekommen worden und werden auf Unterseiten und Annahmen gegründet, die angemessen und angemessen sind. Die oben genannte Ansage ist nur eine Zusammenfassung. Für die volle Version dieser Ansage, beziehen Sie bitte sich die auf "neueste Firma-Ansagen" Seite auf der EDELSTEIN-Web site von www.hkgem.com.

Werden wohl bis ende April abwarten!

[matthiasch]

Ich werde aus dem Text nicht schlau

Kannst du mal zusammenfassen oder den Orginaltext reinstellen?

Danke

[traudich100]

hatte vorher mit babelfish Übersetzt.


The Stock Exchange of Hong Kong Limited takes no responsibility for
the contents of this announcement, makes no representation as to its
accuracy or completeness and expressly disclaims any liability
whatsoever for any loss howsoever arising from or in reliance upon
the whole or any part of the content of this announcement.

Wah Sang Gas Holdings Limited
(incorporated in Bermuda with limited liability)

ANNOUNCEMENT

FURTHER DELAY OF ANNOUNCEMENT OF THIRD QUARTERLY RESULTS FOR THE NINE
MONTHS ENDED 31 DECEMBER 2003

The Board wishes to inform the shareholders of the Company that the
announcement of the Third Quarterly Results and the despatch of the
2004 Q3 Report is expected to be delayed to on or before 30 April
2004. Such delay will constitute a breach of Rule 18.66 of the GEM
Listing Rules.

Shareholders and/or potential investors are reminded to exercise
caution when dealing with securities of the Company.


By Order of the Board
Wah Sang Gas Holdings Limited
Shum Ka Sang
Chairman

Hong Kong, 31 March 2004

This announcement, for which the directors of the Company collectively
and individually accept responsibility, includes particulars given
in compliance with the Rules Governing the Listing of Securities on
the Growth Enterprise Market of the Stock Exchange ("GEM") for the
purpose of giving information with regard to the Company. The
directors of the Company, having made all reasonable enquiries,
confirm that, to the best of their knowledge and belief: - (1) the
information contained in this announcement is accurate and complete
in all material respects and not misleading; (2) there are no other
matters the omission of which would make any statement in this
announcement misleading; and (3) all opinions expressed in this
announcement have been arrived at after due and careful consideration
and are founded on bases and assumptions that are fair and reasonable.

The above announcement is a summary only. For the full version of
this announcement, please refer to the "Latest Company Announcements"
page on the GEM website of www.hkgem.com.

[traudich100]

(Infocast News) Wah Sang Gas (8035) announced that the results announcement for the third quarter ended 31 December 2003 and the despatch of the quarterly report for the same period are expected to be delayed to on or before 30 April 2004, as PricewaterhouseCoopers, the company`s new auditors, require additional time to prepare the results.

The Stock Exchange reserves its rights to take action against the company and/or its Directors regarding the delay which constitutes a breach of the GEM Listing Rules.

[traudich100]

Order ausgeführt!!!

So Investierten bin ab Morgen in Urlaub am 25.04 bin ich wieder da.

Und hoffe wir sehen bis dann noch höhere Kurse.

[traudich100]

At the direction of the Securities & Futures Commission, trading in the
shares of Wah Sang Gas Holdings Limited has been suspended with effect
from 9:43 a.m. today (6/4/2004).

[traudich100]

06 Apr 2004 10:22 Market News

At the direction of the Securities & Futures Commission, trading in the shares of Wah Sang Gas Holdings Limited (8035) has been suspended.

The stock closed at $0.64 last Friday.

Na da bin ja jetzt gespannt was kommt!!!

[traudich100]

10:22 Wah Sang Gas (8030) suspended at direction of SFC
10:19 WAH SANG GAS<08035> - Suspension of Trading


Fällt euch was auf ?

Wah sang gas hat die Stock Quote 08035 bei den News wurde unter anderen die Stock Quote 8030 genannt. ( Fehler ? ).

Unter der Stock Quote 8030 ist aber Digitel Group Limited

[traudich100]

Hier mal ein Bericht vom 30.03 über Digital Group 8030


30 Mar 2004 09:06 GEM Listing News
Had the going concern basis not been used, adjustments would have to be
made to reclassify non-current assets as current assets and non-current
liabilities as current liabilities, reduce the value of assets to their
recoverable amounts and provide for any future liabilities which might
arise.

2. Turnover

2003 2002
HK$`000 HK$`000
System integration contracts
revenue 917 1,741
Sale of goods, at invoiced value,
net of returns and discounts 1,707 3,973
Web application services
income - 579
ISP services income - 7
Rental income 758 1,399
------ ------
3,382 7,699
====== ======

3. Loss per share
The calculation of basic loss per share is based on the loss
attributable to shareholders of approximately HK$6,861,000
(2002: approximately HK$162,001,000) and the weighted average
of 1,140,730,792(2002: 1,100,730,792)ordinary shares in issue.

There is no dilution arising from the outstanding share options
granted by the Company, the convertible notes and convertible
debentures issued by the Group. Accordingly, no diluted loss per
share for both years had been presented.

4. Modified and unqualified auditors` report
The auditors` report of the Group for the year ended 31 December 2003
has been unqualified and modified for the fundamental uncertainty.

[matthiasch]

Findest du das etwa positiv?

[grifter]

Danke für die Tipps hier, finde ich super.

[traudich100]

Na ja jetzt wache ich sogar im mein Urlaub über die Aktie.
Wie ich es sehe habe ich wohl zu früh Nachgekauft, werde auf jeden fall erst mahl abwarten und hoffen das sich alles klärt ( Aussitzen )

Habe Gestern an Futures Commission in Hong Kong ( SFC ) geschrieben und auch Antwort bekommen. Die werden mir in kürze ein bericht schicken was genau bei WSG los ist.

Hie erstmal die News von Heute.

07 Apr 2004 10:06 Market News

The Securities and Futures Commission has doubts over the accounts and past figures of Wah Sang Gas Holdings (8035), the Apple Daily reported. The organisation is understood to request the company to give explanation.

At the direction of the SFC, trading in the shares of Wah Sang Gas Holdings has been suspended since yesterday.

The company stressed that its operation is in normal shape and will make response to the regulator.

[traudich100]

Heute die Nachricht von SFC bekommen. Geben wie ich vermutet habe noch keine genaue Stellung ab.


Sehr geehrter Herr,### Betr.: Wah sang die begrenzten Gas-Holdings (auf lagercode: 8035) Danke für Ihr email von April 6 2004 betreffend Wah sang die begrenzten Gas-Holdings (?WSG?). Sie können beachtet haben, daß, an der Richtung der Aktien und der Zukunft-Kommission (?SFC?), das Handeln in den Anteilen von WSG ist mit Wirkung von April 6 2004 verschoben worden. Jedoch verstehen Sie bitte, daß das SFC durch das Gesetz, um gesprungen wird bestimmte vertrauliche Informationen in seiner regelnden Arbeit nicht freizugeben. Die einzige Ausnahme dieses ist, wenn wir ein Pressekommuniquã© herausgeben, um die Öffentlichkeit über unsere Tätigkeit, wie eine Verfolgung, Disziplinärmaßnahme oder Auferlegung einer Geldstrafe zu informieren. Wir hoffen, daß Sie die Notwendigkeit an solchen Beschränkungen schätzen, die dort die Gefahr ist, die vorzeitige Freigabe der Informationen weg von den Zielen spitzen kann, die nachgeforscht werden. Sie stellt auch sicher, daß die Ziele in Untersuchung angemessene Behandlung empfangen. Folglich gegenwärtig können wir nicht irgendwie, geben Anmerkungen zu fördern oder zusätzliche Informationen über WSG zur Verfügung zu stellen. Investoren sollten die Ansagen durch WSG betreffend ist seine neuesten Entwicklungen nah überwachen. Sie können möchten das?Information auf aufgeführten Firmen besuchen? und?Suspension Bericht über den derzeitigen Stand? Abschnitte auf der Web site des Wachstum-Unternehmens vermarkten (?GEM?) zu solcher Information. Schließlich das SFC laufen läßt den elektronischen Investor, den Betriebsmittel (eIRC), eine Web site zentrieren, die helfenden Investoren eingeweiht wird, erlernen über die Investierung. Das eIRC bietet einen Monatsrundschreiben?Monthly Fokus an? auf aktuellen Ausgaben im Markt, in den Investoralarmupdates und in den regelnden Nachrichten. Abfahrend von einem Mai 2004, empfangen Sie dieses Rundschreiben frei-von-aufladen durch email. Um vorhergehende Ausgaben anzusehen, können Sie unser eIRC zugänglich machen.



Aus andere Quelle weis ich aber das WSG im Rohrleitungsanschluss einen höheren Bruttogewinn gemacht hatte als angegeben.
Und wenn das stiemt sehe ich es, das die Firma auf jeden fall gewinne gemacht hat.

[BillyT.]

Hi, hmmm was bedeutet das genau, was du ins Asienboard gepostet hattest?
Verstehe die letzten zwei Sätze nicht:

At the direction of the SFC, trading in the shares of Wah Sang Gas Holdings has been suspended since yesterday.

The company stressed that its operation is in normal shape and will make response to the regulator

- Wer ist gefeuert worden? Was hat der gemacht? Wie wichtig ist der?

- Satz zwei hab ich garnicht verstanden.

[traudich100]

HI BillyT, ich glaube da hast du was falsch verstanden. Ist nicht böse gemeint wenn du das Englische nicht mächtig bist, nehme zu Übersetzung Babelfish.

[traudich100]

On April 12, met Jiangsu Province Pei county construction bureau Bureau Chief Mr. Li Tianjie in company Tianjin headquarters company board of directors President concurrently chief executive officer Mr. Shen Jia? and his party. In meeting, they have exchanged the opinion on Pei county`s fuel gas investment project. Company vice- chief transport business official Mr. Li Li, chief engineer concurrently project management department inspector general personnel and so on plum tree prosperous gentleman as well as correlation department participates meeting.

[traudich100]

Renewal time: 2004-4-12 13:09:22 on March 31 the morning, board of directors President concurrently chief executive officer Mr. Shen Jia? held the human resources workshop in the company big conference room, the attending leadership has the chief security to supervise Mr. Fan Baoqi, for is appointed chief transport business official concurrently transport business management department inspector general Mr. Shi Duihong, deputy general manager concurrently human resources department inspector general Mr. Nie Yinghan, chief engineer concurrently project management department inspector general plum tree prosperous gentleman, public relations executive inspector general Mr. Sun Yang, CEO manages an inspector general Miss Li Ling and the human resources department assistant inspector general prince recites gentleman. The human resources department all staff attended this conference. At the meeting, President Shen unified the company current development to need the manner strength resources work to instruct the new direction, pointed out the human resources department should pay great attention to the internal talented person`s raise. He emphasized the human resources department face how the question is can attract and detain the talented person, put forward several proposals in light of this: First, provides the good drive mechanism to the staff; Next, provides to the staff further studies and the training opportunity. Reiterated once more "makes the interior the blood regards as fundamentally the company the great project, the development" the policy. Derives the nutrition from the soil, promotes the cadre from the basic unit, unceasingly raises not only the adaption key city development, can adapt the small cities development talented person. President Shen hoped the human resources department can truly care about each staff`s need, the straight manner, by the filled with zealous investment work, enables each inspection mechanism all to play drives staff`s role. President Shen also sets three requests to the human resources department: First, unceasingly improves own quality. Talented person`s introduction and the raise must depend on human resources department each staff, therefore only has improves own quality and the level, can guarantee the talented person raise the quality; Second, must be clear about the standard which the talented person selects; Third, must strengthen the team to realize. President Shen to the human resources department team spirit expression affirmation, pointed out will have boldly to innovate in the next work, enhances portrays the talented person and selects talented person`s dynamics, will be holding the study manner, modestly understood each subsidiary company the situation, will achieve from the basic unit, to basic unit in. Finally human resources department inspector general Mr. Nie Yinghan has made the summary speech, thank President Shen and fellow leaders to the human resources work care and the instruction, simultaneously expressed the human resources department all staff earnestly will carry out President Shen`s instruction spirit, will set up the unabridged book hillock work, unceasingly will improve the internal management and the work flow, will consummate each rules and regulations, will exhaust ability, unceasingly will be fosters the talent, will transport the talented person.

[traudich100]

Renewal time: 2004-4-12 13:10:15 proposed "had to become the Chinese □company about in 2004 the safe operation year" the instruction spirit according to President Shen, the company convenes to 2004 April 8 strengthened various regional security work the teleconference, participated in the personnel to have various regions general manager and the headquarters related department people in charge. The conference requests various regions to have earnestly to carry out the safe operation work, must strengthen the security check, must strictly carry out each working instruction and the safety control system, ceases each kind to violate regulations the work, practically achieves the safety first. The conference requests all levels of leaders to have highly to take the trouble-free service, must guarantee for the user safety air feed, in guaranteed stands the safe operation. The conference also has made the concrete arrangement on the short-term trouble-free service.

[traudich100]

Renewal time: Before 2004-4-12 12:17:23 interviews Song is colorful, I have not even heard this name. On April 7 the morning, I used the telephone and she chatted for a hour, only then made me to understand this ordinary outstanding Hua?ren. In the telephone she mentioned most words are the competition are intense and the pressure, moreover completely is not sedulously. I knew that, only some professional love Hua? person, only then can be deep melts into the work to in own thought and the life. Song Yan is Wu Qingren, has the characteristic from her in the intonation to be very easy to judge. I crack a joke saying, our Li (a Ling) always to us said you do in the official duty work are very splendid, let me study to you. Doesn`t she dare the sound to follow the sincere laughter to spread to in my ear, thereupon our relaxed start 访谈 topic. Song Yan is in October, 2003 the charge post enters duty military Qinghua □, but enters the duty on immediately according to the job requirement to hold the post of the project coordinator, latter is the project manager to work □□although the project work generally is man`s matter. In January, 2004, Song officially is colorfully called in the market development post, started the new role. Wu Qing market personnel mainly is stationmaster and the Song colorful two people. I to the market development understanding was with the labor, the people, business user negotiations, after Song had colorfully affirmed my viewpoint, brought the joyful mood to speak of, more than three months time, discussed next 2, 3 industries household and several inhabited areas, specially Tianjin encircles the road 东侧 luck source plot air feed total agreement already bamboo slip, this inhabited area estimated the scale amounts to 10,000 households, this year enters 1,050 households. In addition also stored the town government with the west official to sign the frame agreement which the pipeline was mad. Wu Qingjin is several years ago only then promotes by "the county" for "the area", the customer resources it can be imagined, in addition other fuel gas enterprise competitors give the pressure, Song Yan could not help say several competitions extremely intense, (market development) the pressure was very big. Realized the pressure, is because too is professional, is because does a line, loves line of, a loyal line of professional spirit. Talks about difficulty which the market development faces, she summarizes, through the investigation, mainly is the industry household now uses is the canned liquid gas, if changes to the pipeline to be mad, can produce the expense, this kind of thought does not turn round, does not approve. Also somewhat proposed is mad the source as well as the air feed safeguard question. The civil head of household if involves to the developer and the property company, the newly built plot is relatively easy, but and other fuel gas enterprises` competitions are intense. Old has the plot many all is several buildings small inhabited areas, manages the side like property company to think present very good, does not need the pipeline gas. Some also exists introduces the pipeline to be mad faced with broken road and repair, plot environment whether is destroyed and so on the worry. How does that overcome these difficulties? What good skill has? She ponders, proud saying, must from the technology, the security angle carry on the communication with emphasis. Is in sole possession of technology and stable safety control, this is our merit, must hold. Again has us to have the certain quantity in the locality the industry customer, the market share is high, can get up the exemplary role. Talks about the life, the sweet expression transmits along with the Song colorful sound from the electric wave. My family not too is far to the unit, rides the motorcycle more than 10 minutes. The work and the life conflict is certainly has. Why? The coming and going to work has the time to stipulate, but never has on time to carry out, mainly is concerns with the work. Military clear market competition too intense, did not know tomorrow will be able to have any matter, therefore will be specially anxious. Has the change as necessary, must relate as necessary, wants to rest a weekend to be all difficult □□so long as has the change to need to relate immediately, needs as necessary the come on the line role. Child more than 4 full year old of, live together with paternal grandmother, does not have the time to look after. Again has is drinks. She has stopped, said, you also are the male comrade, how if your object frequently does drink is drunk is going home you to be able to think? But some work treats with courtesy does not have the means. Mother-in-law, the father-in-law frequently did not understand does not accept. Sometimes the spouse also specially did not understand that, said what you daily do play to assign? How then you are do process? My means are with mother-in-law, the father-in-law, the spouse chat much, discussed, lets them understand as far as possible. But works cannot delay, this is a principle. We work together the relations to be specially good, the colleague mostly is a native, mutually cooperates the support. I frequently with the leader, the colleague chat, such very good. Regarding the work idea, the opinion frequently mutually discuss, enhances in the exchange communication oneself, is together very happily. Military clear market situation stern, competition intense, the pressure is very big, but the pressure also produces the power. Works to Hua? to me is a drive, the such good platform is worth me treasuring, certainly must complete the official duty work. When I will ask her to the future plan Song colorful firm saying.

[traudich100]

Renewal time: 2004-4-12 12:14:38 garden full of the beauty of spring closes, a profusion of color spring. Between snaps fingers, I joined the company for two years to have -odd, took a name company executive manager, although was stationed abroad the day were by far many to in home`s time, but as soon as thought everyone because of had my work to live does not have sorrow, doubled feels proud. President Shen once has said: Subsidiary company manager is must bear the others not ability loneliness, eats the others not to be able to be able to endure hardship. The number language, actually was the real portrayal which subsidiary company manager lived, cannot help but let the person sigh with regret. Was saying is easy to do is being difficult, daytime time how all flattery, very busy; One day very quick has passed by, but every time under the curtain of night, 缕缕 is lonely, cannot help but does not raid the heart which opposite party missing produces. Relatives and friends` voice and face smiling face very natural reappears in at present, the long illness old mother is well? The child long is whether high? Studies whether progressed? Spouse`s work is whether smooth... ... Motions a person to not go, enables the person for a very long time to go to sleep. Remembered the pure-heart old person center writes in "Success Flower": The people only exclaim in surprise her now bright-colored, however initially her bud, actually sprinkled the sacrifice blood rain, has soaked the struggle tear spring. However, when the second day beautiful sunlight penetration window blind sprinkles in the room, all lonely and was lonely can throw to the beyond the highest heavens. When is removed with the household number in fuel gas facility breakdown, facing the customer sincerely smiling face, sincerely thank time; When the wholesale household because of has our Hua?er to live the realization to be well-off, reveals when the satisfied smile; When our staff because of has a stable work when to be happy... ... ! The Chinese □fire, you not only have illuminated the company, the staff and shareholder`s future, 所到之处, was has benefitted side common people, the merit in the century, the luck and the descendants. Facing possesses all these, I took a sub- company executive manager, heartfelt shouts: "Who said lonely is hard to take? I am willing to withstand such loneliness." Sintai Hua?gao constructs England

[traudich100]

Renewal time: 2004-4-12 12:12:54 on March 6 the afternoon, Tianjin foreign national office director, the city foreign national chamber of commerce honorary association president open the forint, city foreign national office assistant director 哈文 the dragon, Tianjin foreign national chamber of commerce vice-chairman and so on line of 14 people in company board of directors president the concurrently chief executive officer, the city foreign national chamber of commerce association president Shen Jia? accompaniment visits to company Wu Qingzhan inspects. The guest has given a higher appraisal to company`s development and the management. At the symposium, company public relations executive inspector general Mr. Sun Yang introduced to the guests company`s basic situation, Tianjin big area General Manager Zhang Tieshan introduced the Tianjin area market development and the operating condition, finally, Mr. Shen succinctly reviewed own struggle course, and summarized own management feeling, Mr. Shen`s "has suffered a loss is the luck" wrestles in the field multitudinous entrepreneur`s warm applause.

[traudich100]

News von heute.Gebt euch Mühe beim Übersetzen!

09:40 15/04 - 即市頭條-華燊<8035.HK>否認主席被拘留
《信報》引述接近華燊燃氣<8035.HK>人士表示，華燊主席沈家燊現身在天津，該公司管理層昨曾與他聯絡，並否認有關沈氏被內地部門拘留的消息。
華燊股份於4月6日再度被證監會勒令停牌，令市場關注到該公司可能存在不尋常的問題。至於證監會現正就證券及期貨條例第179條(涉及欺詐行為向華燊進行諮詢。(sz)
財星網新聞組 [phone]
傳真 [phone]

[BillyT.]

Sehr witzig traudich

[BillyT.]

Hier mal meine Übersetzung:

09:40 15,/04 - is city strip - Hua? denies president to detain "Letter Newspaper" to quote approaches the Chinese 燊 fuel gas public figure to indicate that, Hua? President Shen Chia? this present existence in Tianjin, this corporate management level yesterday once contacted with him, and denial concerned Shen the news which is detained by the inland department. The Chinese 燊 stock is ordered on April 6 by 證監會 to stop once again the sign, is paid attention the market to this company possibly exists the unusual question. Right now (involves the cheat behavior as for 證監會 on the negotiable securities and stock rule 179th 燊 to carry on the consultation to China. (sz) wealth star net news group

[traudich100]

@BillyT

Spaß muss sein, das Leben ist manchmal hart genug.

Habe heute noch mal ein Brief von SFC bekommen, geben noch nichts genaueres bekannt.
:O

[traudich100]

21 Apr 2004 17:01 Market News

Panva Gas (8132) Chairman Ou Yaping said that he has not heard of any news that the central government has set up a task group to investigate accounts of gas companies. He admitted that the probe into Wah Sang Gas (8035) has affected Panva`s capital-market operation, implying that Panva`s ability to raise fund has been affected. But he stressed that the incident does not have major influence on the company`s operation in general.

He continued that the company will look to acquire gas operation assets of other companies, including Wah Sang Gas. The operation of Wah Sang Gas` assets is normal to his knowledge, he added. As at the end of last year, Panva had RMB1 billion cash on hand.

[UnabderFisch]

Hongkong: was ist los bei Wah Sang Gas ?
Hongkong 22.04.04 (www.asia-economy.de)

Wie wir berichteten, wurde Wah Sang Gas (8035/BMG9419C1284) auf Grund einer Directive der Securities & Futures Commission (SFC) aus gesetzt am 06. April vom Handel ausgesetzt, letzte Kursfeststellung lag bei 0,64 HK-$, und bisher noch nicht wieder aufgenommen.
Wie heute das ``Hong Kong Economic Journal`` berichtet, war das in Zuammenhang mit persönlichen ``Sachen`` des Chaimans des Unternehmens Shum Ka-sang erfolgt. Wie es aussieht, gab es zwischen ihm und der Provinzregierung Shangdong Auseinandersetzungen bezüglich von Steuern, was aber nichts unmittelbar mit dem Unternehmen zu tun haben soll.
Es wird davon ausgegangen, dass der Handel in der nächsten Zeit wieder aufgenommen wird.

Einer Meldung von ``The Standard`` zufolge hat Sinolink Worldwide Holdings Ltd. durch seine Unternehmensbeteiligung Panva Gas Interesse an einer Übernahme von Teilen Wah Sang Gas bekundet. Sinolink hält 64,24 % an Panva Gas.

[traudich100]

Danke UnaberFisch für den Beitrag.

So langsam kommt man dahinter was bei WSG läuft, und so wie ich es sehe wird es heftig zur Sache gehen wenn die Aktie im Handel wieder aufgenommen wird ( Positiv ).



Sinolink keen to acquire Wah Sang Gas assets
Anthony Tran

Sinolink Worldwide Holdings, a property developer and supplier of electricity and natural gas, may acquire assets from mainland gas distributor Wah Sang Gas.

The plan was revealed yesterday after the company announced its net profit jumped 164 per cent while its mainland gas distribution unit, Panva Gas Holdings, was up 58 per cent.

``We are now banking on acquiring other piped-gas distributors to beef up our operations,`` Sinolink chairman Thomas Ou said at a press conference.

Ou is also chairman of Sinolink`s 64.24 per cent-owned Panva Gas, which is listed on the Growth Enterprise Market. ``We are definitely interested in Wah Sang`s assets,`` he said.

It is understood that Sinolink is likely to acquire the assets through Panva Gas.

On April 3, the Securities and Futures Commission (SFC) suspended trading of Wah Sang Gas. The regulator is understood to have requested that the company explain its accounts.

Ou admitted that the probe into Wah Sang Gas had affected Panva`s capital-market operation, implying that Panva`s ability to raise funds had been affected.

But Ou stressed that the incident would not have a major impact on operations in general.

``As far as I know, Wah Sang`s assets are in good shape,`` Ou said.

Sinolink said net profit jumped to HK$778 million for the year ended December 2003, mainly driven by Panva Gas` jump in earnings to HK$209 million.

Sinolink`s turnover grew 19 per cent to HK$1.815 billion from HK$1.525 billion. A final dividend of 3 cents was proposed, in addition to a bonus issue of two new Sinolink shares for every 10 shares.

Sinolink recorded turnover of HK$330.98 million for its property development business, which was up 6per cent on 2002.

However, the unit`s segment profit fell 16 per cent to HK$26.63 million due to the Sars outbreak.

Sinolink sold 520 units of Sinolink Garden Phase III, Mandarin House, in Shenzhen, last year with a gross floor area of 39,862 square metres.

About 40 units of Sinolink No 8 was sold, representing a gross floor area of 10,172 square metres.

Sinolink expects to sell 15 per cent of Mangrove West Coast, also in Shenzhen, and 31 per cent of Sinolink Garden Phase IV this year.



22 April 2004 / 02:11 AM

[traudich100]

Apr 22 2004 10:06 Marktbericht (Infocast Nachrichten) eine Quelle nah an Wah zitierend, sang Gas (8035), das Hong-Kong, das ökonomisches Journal berichtet, daß die Untersuchung auf Wah Gas zusammenhängt hauptsächlich mit der persönlichen Geschichte von Shum Ka-sang sang, sang der Vorsitzende von Wah Gas, und die in Verbindung stehenden Ausgaben werden erwartet, in naher Zukunft gelöst zu werden. Entsprechend der Quelle hängen Shum`s Ausgaben mit Besteuerung und Devisenkurs zusammen, die nicht mit der aufgeführten Firma zusammenhängen, und alle Ausgaben hängen mit Shum`s hinter Geschäft zusammen. Es wird gesagt, daß die Ausgaben vom Shum`s Widerspruch mit Regierungsbeamten der Shandong Provinz entstanden, die den Ausgaben das SFC in Hong-Kong berichteten. Jedoch gibt es Zeichen, daß die Ausgaben im BegriffSIND gelöst zu werden und Shum hoffnungsvoll nach Hong-Kong bald zurückgeht, die gesagte Quelle.

[BillyT.]

Na, also. Dann hat sich das ja geklärt.

Ich bin mal gespannt a) wann der Handel fortgesetzt wird und b) wie sich der Kurs danach entwickeln wird.

Danke ihr zwei für die Infos.

[traudich100]

Hallo Billy,
ich denke mal das sie in der nächsten Woche wieder gehandelt wird

[traudich100]

23 Apr 2004 09:55 Market News

In response to press reports, Sinolink Worldwide (1168) clarified that its unit, Panva Gas (8132), has been performing studies on the possible merger and acquisition opportunities for gas related business. These studies are performed on various companies that engage in the gas industry which include assets of Wah Sang Gas (8035). Sinolink said that it does not have any negotiation in relation to the possible acquisition, and the studies are in a preliminary stage and may or may not lead to any agreement.

Sinolink said that it was not aware of any reason for the recent increase in the price and trading volume of its shares, save for the announcement of the strong 2003 annual results and the increase in the proposed final dividend and bonus shares as compared to previous year.

[traudich100]

Sinolink Worldwide Holdings Limited
(incorporated in Bermuda with limited liability)
(Stock Code: 1168)
Clarification Announcement

To clarify various newspaper articles of 22 April 2004 in relation to
Sinolink Worldwide Holdings Limited (the `Company`).

This announcement is made at the request of The Stock Exchange of Hong
Kong Limited (the `Stock Exchange`).

The board of directors of the Company (the `Board`) have noted the recent
increase in share price and trading volume of the share of the Company and
wish to state that we are not aware of any reasons for such increase, save
for the announcement of the strong 2003 annual results yesterday and the
increase in the proposed final dividend and bonus shares as compared to
previous year.

The Board also noted the articles appearing in various newspapers of 22
April 2004 (the `Articles`) and would like to clarify the accuracy and
completeness of the contents of the Articles as follows:-

To continue to focus on the development of gas business in the People`s
Republic of China (`PRC`), the Company through its subsidiary which
focuses in the gas fuel business - Panva Gas Holdings Limited has been
performing studies on the possible merger and acquisition opportunities
for gas related business. These studies are performed on various companies
that engage in the gas industry which include but not limited to assets of
Wah Sang Gas Holdings Limited (the `Possible Acquisition`). The Company
does not have any negotiation in relation to the Possible Acquisition. The
studies are in a preliminary stage and may or may not lead to any
agreement. The Company will make further announcement if and when
appropriate.

Save as disclosed above, the Board also confirm that there are no
negotiations or agreements relating to intended acquisition or
realisations which are discloseable under Rule 13.23 of the Rules
Governing the Listing of Securities of the Stock Exchange Ltd. (the
Listing Rules`), neither is the Board aware of any matter discloseable
under the general obligation imposed by Rule 13.09 of the Listing Rules,
which is or may be of a price-sensitive nature.

Made by the order of the Board of the Company, the directors of which
individually and jointly accept responsibility for the accuracy of this
statement.

As at the date of this announcement, the Board comprises of 4 Executive
Directors, namely Ou Yaping (Chairman), Tang Yui Man Francis (Chief
Executive Officer), Chen Wei and Law Sze Lai and 4 Independent Non-
executive Directors, namely, Cheung Wing Yui, Li Zhi Xiang, Tsang Yu Chor,
Patrick and Xin Luo Lin.

By order of the Board
Tang Yui Man, Francis
Director & Chief Executive Officer

Hong Kong, 22 April 2004

*For identification purpose only`

[traudich100]

Hallo,

2004-4-26 07:18:00 p.m. HKT, AFX


HONG KONG (AFX-ASIA) - Tianjin Development Holdings Ltd (882.HK) chairman
Wang Guanghao said he sees the company`s capital expenditure this year at
about 500-600 mln yuan, which will mainly be used for developing its core
business and for acquisitions.
Wang said the group has filed an application to the Stock Exchange
regarding the proposed spin-off of its unit Coastal Rapid Transit Co Ltd.
Coastal Rapid owns a 83.93 pct interest in Eastern Outer Ring Road in
Tianjin city in China, a 24 pct stake in the Jinbin Expressway and a 6.62 pct
holding in Tang Jin Expressway.
He said hearings over the listing of the proposed spun-off unit are
progressing, but refused to provide further details.
Regarding its 22.6 pct owned fuel supplier Wah Sang Gas Holdings Ltd
(8035.HK), whose shares had been suspended on a directive of the Securities &
Futures Commission (SFC) since April 6, Wang said the investigation is still
in progress and declined to make any comments.
Wah Sang contributed 20 mln hkd to Tianjin Development in the six months
to June. Tianjin Development only took into account the profit contribution
of Wah Sang during the first half of the year as the natural gas supplier has
delayed the release of its third quarterly results.

(1 usd = 7.8 hkd, 8.3 yuan)

[traudich100]

Heute bekommen von SFC allso weiter Abwarten.


Our Ref: IE&C/ENQ/0404/07(2)

26 April 2004
` Sent by Email
Email: #################


Dear Sir,

Re: Wah Sang Gas Holdings Limited (stock code: 8035)

Thank you for your email of 18 April 2004 regarding the captioned company.

Please be advised that, even though the SFC is the statutory market regulator, it cannot foresee when a suspended listed company can resume trading of its shares. Therefore, we are not in a position to provide you with any information about trading resumption of Wah Sang Gas Holdings Limited.

Generally speaking, there is no time limit for a suspension. The period of suspension depends on the facts and circumstances of each case. The objective of suspensions is to ensure a fair, orderly and fully informed market to preserve the integrity of the market and to protect the investing public. These are statutory duties imposed on the SFC. In carrying out such duties, the SFC is keenly aware of the need for and the desirability of maintaining a continuous market. Every effort is, therefore, made to strike a proper balance between the two opposing requirements and to keep trading suspensions to the minimum required.

As advised before, an announcement will be made before a listed company resumes trading of its shares. Such announcements can be found from the “Information on Listed Companies” section of the website of Growth Enterprise Market.


Yours sincerely,

For and on behalf of
Securities and Futures Commission

Iris Lam
Assistant Manager
Investor Education & Communications

[traudich100]

Na ja es wird jetzt nicht mehr lange dauern bis die Aktie wieder gehandelt wird.



SFC halts trade in Tianjin Development stock
Gladys Tang

The Securities and Futures Commission (SFC) ordered Tianjin Development Holdings to suspend trading of its shares yesterday, which market sources claimed was because the company had released incorrect information.

Sources close to the regulator said the suspension was sparked by the release of incorrect information by management during a press conference to announce its results on Monday. This was denied by a company source.

Tianjin Development chairman Wang Guanghao said during the press briefing that Wah Sang Gas, in which it holds a 22.97 per cent stake, was operating normally and he had not heard that mainland regulators were investigating the gas firm.

Share trading of Growth Enterprise Market-listed Wah Sang Gas Holdings has been suspended by the SFC since April 6.

Five days before the suspension, Wah Sang Gas said it breached listing rules by delaying the release of its third-quarter earnings.

``It is about the information disclosure in [Tianjin Development`s] annual report,`` a senior official at Tianjin Office for Enterprise Stock Issue Development said.

Wang was out of town yesterday and could not be reached for comment. Company officials and SFC spokesmen declined to comment.

Tianjin Development`s shares were last traded at HK$3. The stock has fallen 21 per cent so far this year.

Tianjin Development had planned to spin off toll road operator Coastal Rapid Transit Company, and list it on the main board in mid-January this year. However, the company is still waiting for approval from the regulators.

A source close to the company said the delay was, again, related to information in the annual report.

``Investors are worried how long trading will be halted. It will ease the downward pressure of the shares, if Tianjin Development resumes trading very soon,`` Delta Asia Financial Group research head Conita Hung said.


29 April 2004 / 01:58 AM

[traudich100]

hir noch mal die Fundamentals von WSG.


Wah Sang Gas Hldgs 8035
Chairman SHUM Ka Sang
Issued Capital 2,177M Shares
Par Value (HKD) 0.010
Market Capitalisation (HKD) 1,393M
Corporate Profile The Group is principally engaged in: (1) the construction of gas pipeline; (2) provision of piped gas; (3) retail and wholesale of liquefied petroleum gas (LPG) for domestic, industrial and commercial customers; and (4) sale of gas appliances (e.g. LPG equipment). The pipeline networks provided by the Group are compatible for all gases, including natural gas, compressed natural gas (CNG) and substitute natural gas (SNG). The Group can also provide bottled LPG according to the respective needs of various regions in the PRC.
Currently, the Group`s major target markets are small and medium sized cities in China with significant development potential. The Group will also continue to explore new markets by securing exclusive contracts from local governments. In Jun 2003, the exclusive contracts secured by the Group cover 68 cities and districts, with total urban population of these areas reaching approx. 8.84mn. Looking forward, the Group expected that the rapid urbanization would continue to create market demand for gas supply. Moreover, the "West to East Pipeline" project will also continue to boost the usage of various kinds of gas.

Core Assets/Investments (3/2003): gas pipelines worth approx. HK$454.6mn at net book value (NBV); land and buildings valued at about HK$204.2mn at NBV; machinery and equipment worth around HK$95.3mn at NBV ; and construction in progress worth about HK$69.7mn at NBV.

[Smirre]

Ist mir alles scheißegal, der Wert wird seit fast einem Monat nicht mehr gehandelt, das nervt!

[traudich100]

STOCK ALERT - Hong Kong-listed Tianjin Devt lower on Wah Sang Gas inquiry
2004-5-3 11:52:00 a.m. HKT, AFX


HONG KONG (AFX-ASIA) - Tianjin Development Holdings Ltd (882.HK) was
sharply lower on resuming trade, after announcing that the chairman of its 22.
6 pct-owned Wah Sang Gas Holdings Ltd (8035.HK) is involved in ""certain
inquiries"" in China, dealers said.
Tianjin Development lost 0.425 hkd or 14.2 pct to 2.575 hkd, on volume of
1.6 mln shares.
Shares in Wah Sang had been suspended on a directive from the Securities
& Futures Commission (SFC) since April 6.
The company said Wah Sang Gas Chairman Shum Ka Sang ""is currently
assisting the regulatory authorities in China with certain inquiries."" But
the company said it is not aware of the nature of the assistance and inquires.
Cautious sentiment on Wah Sang is expected to weigh on Tianjin Development
in the near term, dealers said.
(1 usd = 7.8 hkd)

[traudich100]

03 May 2004 10:05 Market News

Tianjin Development (0882) said trading in its shares were suspended since last Wednesday at the direction of the Securities & Futures Commission as the regulator is concerned that certain matters revealed by the company during a press conference held on April 26 might be false and misleading. The company is in the course of providing the relevant information as requested by the SFC. The company has requested the SFC to withdraw its direction to the SEHK to suspend trading in the shares of the company with effect from today. The company resumes trading today.

The stock was last traded at $3.00.

At the same time, the company clarified certain articles which appeared in the Hong Kong press on April 27 and 29. The company stated that on April 26, Wang Guanghao, Chairman of the company, received a telephone call from Zhang Hongru, another director of the company, who informed him that he had met with Shum Ka-sang, the Chairman of Wah Sang Gas Holdings Limited (8035) (Wah Sang), in Tianjin through the arrangement by the Public Security Bureau in Tianjin. The Board understands from Zhang that Shum is currently assisting the regulatory authorities in the PRC with certain inquiries. However, the Board is not aware of the nature or contents of the assistance and inquiries as well as the name of such regulatory authorities. Hence, the Board is not currently in a position to assess the potential impact on the company as a result of such inquiries.

On the other hand, on April 8, Wah Sang verbally informed Wang, in his capacity as a director of Wah Sang, that it has received a Notice to Fine from the State Administration of Foreign Exchange (SAFE) in relation to alleged breaches of certain foreign exchange regulations by Wah Sang. SAFE intended to impose a fine of approximately RMB28 million on Wah Sang. Wang has never received a copy of such notice, however.

At the press conference, Wang made a statement that Wah Sang`s business in Tianjin is currently in normal operations. Such statement was based on Wang`s understanding that nine of Wah Sang`s gas supply stations in Tianjin were inspected during April pursuant to a safety inspection of all industries and enterprises in Tianjin as directed by the Tianjin Municipal Government and no problems were identified. In addition, the company is not aware of any proposed reorganisation plans of Wah Sang at present. The decision on whether the company will continue to support any future reorganisation plans of Wah Sang will depend upon satisfactory results from both the investigation by the SFC and Wah Sang`s latest audit.

Trading in the shares of Wah Sang was ordered to be suspended by the SFC, and remains suspended at present.

[traudich100]

Wah Sang faces 28m yuan fine
Staff reporter

Wah Sang Gas Holdings will be fined 28 million yuan (HK$26.4 million) for allegedly breaking China`s foreign exchange rules, one of its major shareholders said.

Tianjin Development Holdings, which holds 22.67 per cent of Wah Sang, said the Growth Enterprise Market-listed company will be fined by the State Administration of Foreign Exchange (Safe).

Wah Sang chairman Charlie Shum was co-operating with regulatory authorities, it said.

Tianjin Development`s shareholders have also paid a penalty, because its share price plunged 12.5 per cent to close at a seven-month low of HK$2.675 when the stock resumed trading yesterday.

Trading in Tianjin Development`s shares was suspended by the Securities and Futures Commission (SFC) last Wednesday following comments it made about Wah Sang Gas at a press conference.

Tianjin Development said some information it released during the press conference ``might be false and misleading``.

Wah Sang stock has been suspended since April 6 as part of an investigation by the SFC.

To clarify the media reports, Tianjin Development said its director Zhang Hongru knew Shum ``is currently assisting the regulatory authorities in the PRC with certain inquiries``. It said Zhang was not aware of the nature of the assistance and inquiries or the name of the regulatory authorities.

Tianjin Development also said its chairman, Wang Guanghao, was ``verbally informed`` by Wah Sang on April 8 that the gas distributor would be fined by Safe for ``alleged breaches of certain foreign exchange regulations``.

Wah Sang declined to comment on Tianjin Development`s announcement, but said a statement will be issued later. Wang said Wah Sang`s business in Tianjin is operating normally.

Tianjin Development said Wang`s comment was based on his understanding that no problem was found at nine of Wah Sang`s gas supply stations during a safety inspection by the municipal government.

``The decision on whether the company will continue to support any future reorganisation plans of Wah Sang will depend upon satisfactory results from both the investigation by the SFC and Wah Sang`s latest audit,`` it said.

4 May 2004 / 02:22 AM

[traudich100]

Wah Sang Gas – gestärkt aus der Krise? (Update II)
Scheinbar vollkommen unbeeindruckt vom übrigen Marktgeschehen setzte die am Growth Enterprise Market gelistete Wah Sang Gas Company seit dem Platzen der New Economy Blase ihr Wachstum fort. Wie geht es weiter? 10.05.2004 (bo)

Den vollständige Bericht können Sie als asia economy Abonnent lesen

[Smirre]

Und immer noch kein Handel, die Schlitzaugen haben doch wirklich einen an der Waffel!

[traudich100]

Renewal time: 2004-5-18 16:06:44 On March 20, 2004

morning, Chinese □fuel gas tenth anniversary celebration and 2003 year outstanding staffs commendation congress in Tianjin huge day wealth hotel grand hold. The conference invites the honored guest, national construction department urban construction department municipal administration administrative office Department Head Mr. Liu Heming attends the conference and makes the subject lecture. Company board of directors president, chief executive officer Mr. Shen Jia? as well as the company board of directors lead, various departments person in charge attends the conference, various subsidiary companies manager, the project management personnel, the outstanding staff and the headquarters staff count 300 people to attend the congress. The directors of corporations, deputy general manager, human resources department inspector general Mr. Nie Yinghan presides over the conference. : At the meeting, the company has carried on the commendation to 2003 year outstanding staffs, awards for ten years Mr. Fan Baoqi which makes the prominent contribution for the corporate growth is "specially contributes the prize", since has awarded the company to establish continuously to take office Mr. Yu Hua? Fan Baoqi, Ms. Ma Shuxiang, Mr. Liu Jinkai and so on three staffs "ten years commemorative prize". Company board of directors president, chief executive officer Mr. Shen Jia? has given "discusses the China □enterprise culture and the strategy" the important speech. President Shen first emphasized the Hua? four big relations with four wins the culture. Namely the government relations and the public utilities public welfare, the customer relations and the high-quality service security, the staff relations and the professional profession continuity, the investor relations and the shareholder repay importance. Deals with four big relations and four wins the culture, China □can a better development. Afterwards, President Shen elaborated Hua? center small city strategy and the Chinese cities construction development. He analyzes pointed out that, one will be center the small urban development is the next 20 year Chinese economy development hot spot; Two, acts as circumstances permit development different type city and development industrial district fuel gas project; Three is the low cost is the guarantee public utilities survival lifeline; Four, manages the good project first to have to manage the good team and to adjust individual mentality. Finally, President Shen has pointed out Hua? team construction and the will of the people project. He proposed one is must strengthen the subsidiary company the team construction is Hua? infrastructure; Two, must do well the team to construct must strengthen carries out the strength, unceasingly studies the innovation, unceasingly summarizes the enhancement; Three, wants loyal Yu Hua? the enterprise, 摆正 the enterprise and the clique and individual position, sincere cooperation; Four, must strengthen the achievements inspection, the staff which the establishment has the Chinese □characteristic drives the mechanism. President Shen`s speech obtained the warm applause. Conference final, Department Head Liu Heming gentleman "city fuel gas development and municipal administration public profession market reform" the subject lecture, after introduced the municipal administration public profession market reform situation, Department Head Liu elaborated the Chinese city fuel gas development situation with emphasis. The city fuel gas development experience response and the present situation, the characteristic, the tendency and so on, and are outspoken the introduction government to has developed the city fuel gas policy ponder, like the energy development policy, the establishment special permission management system, consummates the supervising and managing system, takes aspect the and so on fuel gas safety control tentative plan.

[traudich100]

* Strengthens the trouble-free service, guarantees the security operation renewal time: 2004-5-18 17:59:18

for guarantees "5. One "the period company overall safe operation, on April 22 evening, transport business management department organization correlation personnel antithetical couplet company has carried on the security check. This inspection, separately selects the method which the specialist scene inspection and the telephone night looks up, understood the subsidiary company at night is on duty the situation. In the inspection, the major part subsidiary company can earnestly complete each safety control work, guaranteed the personnel arrives; But also has the minority subsidiary company existence question. Transport business management department notifies this inspection result the entire company, to conforms to the request company to commend, to has the problem the company to order reorganizes.

[traudich100]

Hallo Smirre,
Ja bei den Schlitzaugen ist alles möglich!!!
Zurzeit bekomme ich auch keine Antworten mehr von Seiten der SFC und WSG.
Bin sehr gespannt wen es wieder los geht, und wen es dann direkt wieder richtung Norden geht bin ich ja zu frieden.

TD

[traudich100]

19-05-2004
Safely for this completes the company the movement supervisory work The safety in production is the fuel gas profession management core and the soul, pays special attention to the safety in production, the establishment perfect organization, unceasingly consummates each rules and regulations, raises staff`s safe consciousness, causes the security check surveillance work institution, the standardization, the sequencing, only then can truly ram the movement work the foundation. First, the leadership takes, the responsibility is clear about is the safety control basic guarantee. Region general manager, the subsidiary company carries out manager to take a transport business first responsibility person, to company`s safety in production very important function. They highly take to be able to give the subsidiary company the safety control creation good atmosphere, guarantees the subsidiary company the safety control work smooth development and the implementation. The working practice proof, wants the solid safety in production the foundation, the key to lie in region general manager and the subsidiary company carries out manager whether the strict execution company safety control stipulation, has carried out the post safety responsibility; Whether persisted "who is in charge of, who is responsible" the system, achieves the thought to arrive, the responsibility arrives, promptly solves in safety in production each kind of problem. Therefore, region general manager and the subsidiary company carries out manager to want always to put the safety in production work on the first place, persisted implements General Secretary Jiang "the hidden danger danger to the open fire, the guard wins to the disaster relief, the responsibility again to Taishan" the instruction spirit, lands on feet the trouble-free service. Second, humanist, training obtains, comprehensively raises staff`s safety control level and the operation skill. The accident occurrence sums up Yu Ren not the security behavior and the thing not the secure state, these two aspects all are cause as a result of person`s factor. Therefore, raises the main body □□movement personnel`s safe consciousness and the safe operation skill antithetical couplet company`s trouble-free service which the company produces in the activity is very important. Therefore, requests the region and the subsidiary company should specially take staff`s safety in production training work, must form the safe training systematization, the standardization. Truly sets up "the safety first" through training the thought to be able to forecast on own initiative in each operation and the work exists the dangerous factor and on own initiative adopts the corresponding behavior to come the effective prevention accident the occurrence. Simultaneously enhances each kind of question and the maintenance and the safeguard production security noramal work ability which in the solution actual production activity meets. Third, the realization system, strengthens the surveillance inspection is completes the safety in production the effective way. The company formulates the safety control system 应行 with is not nominal, but wants the practical earnest realization. Strengthens the surveillance inspection is for guarantees each rules and regulations to obtain the realization, each kind of contrary hidden danger obtains promptly discovered and removes. In security check surveillance aspect, in order to avoid becoming a mere formality, truly plays the surveillance role, should unifies the daily inspection and the specialized inspection, the subsidiary company inspection and the region inspection unifies, the key inspection and the special inspection unify, simultaneously achieves the inspection to have the record, finds out the hidden danger must carry out the responsibility person, the realization reorganizes the time and completes by a set time reorganizes.

[traudich100]

Hallo Investierten,


Hong Kong-registriertes Wah sang Gas sagt SFC Erhöhunginteressen über company`s Maßeinheiten 2004-5-24 03:17:00 P.M. HKT, AFX Hong-Kong (AFX-ASIA) - Wah sang Gas-Holdings Ltd. (8035.HK) sagte, daß die Aktien und Zukunft-Kommission (SFC) Interessen über die Genauigkeit der Informationen über die company`s Tochtergesellschaften und ""suspicious das Kapital flows"" aufgeworfen hat; gefunden an seinen China Maßeinheiten. Das Firma besagte ""it nimmt das Angelegenheit seriously"" selbst als es die Anordnung einer Unterausschusses verkündete, um sein Brett zu unterstützen, um zu wenden, verschieben die Ausgaben, die das SFC aufgefordert haben, das Handeln in Wah sangen Anteile an April 6. Wah sang anstellt PricewaterhouseCoopers, um bestimmte Verfahren auf den company`s Buchhaltungaufzeichnungen durchzuführen und seine gesamte Finanzlage wiederholen und unterstützen, wenn finanziell-in Verbindung stehende Punkte angesprochen werden, die das SFC anhob. Das SFC fragte ""the Genauigkeit der Profitniveaus der company`s Tochtergesellschaften, "" besagtes Wah sang in einer Aussage. ""The SFC hat auch die Interessen betreffend sind die mißtrauischen Kapital Flüsse aufgeworfen, die einige der company`s Tochtergesellschaften in China, die Weise mit einbeziehen, in die die Gruppe gelaufen wird und dem die erschienenen Buchhaltungaufzeichnungen der Firma falsches und irreführendes information."" enthalten können; Das auf lagerletzte handelte bei 0.64 hkd. Tianjin Entwicklung Holdings Ltd. (882.HK), das eine 22.6 pct Stange in Wah besitzt, sangen, waren bei hkd 2.60 im später Nachmittag Handel unverändert.

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Mai 24 2004 10:30 Marktbericht sang Wah Gas (8035) verkündete, daß das SFC die Interessen betreffend sind die mißtrauischen Kapital Flüsse aufgeworfen hat, die einige seiner Tochtergesellschaften in den PRC, die Weise mit einbeziehen, in die seine Gruppe Firmen gelaufen werden und daß seine erschienenen Buchhaltungaufzeichnungen die falschen und irreführenden Informationen enthalten können. Wah sang das Gas, das gesagt wurde, daß es die Angelegenheit ernst nimmt und aktiv die Situation ermittelt, die auf den Interessen bezogen wird, die durch das SFC angehoben werden. Die Firma hat eine Unterausschuß der Direktion mit Verantwortlichkeiten für die Unterstützung des Brettes, um die Punkte anzusprechen ernannt, die aus der Aufhebung des Handelns in den Anteilen und co-ordinating die company`s Antworten zur Anfrage heraus durch das SFC entstehen. Die Firma ist bei anweisendem PricewaterhouseCoopers, zum bestimmter Verfahren auf seinen Buchhaltungaufzeichnungen durchzuführen und seiner gesamten Finanzlage zu wiederholen und sie zu unterstützen, wenn sie die finanziell-in Verbindung stehenden Punkte anspricht, die durch das SFC und die Staatsverwaltung des Devisenkurses angehoben werden (SICHER).

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Mai 24 2004 11:00 Marktbericht sang Wah Gas (8035) verkündete, daß sein vollständig-besessenes Tochterwah Gas (China) empfing eine Nachricht von der Staatsverwaltung des Devisenkurses (SICHER) an April 8 betreffend ist bestimmte angebliche Brüche der Regelungen auf Devisenkurs-Steuerung des PRC sang. Der angebliche Brüche mit einbezogene Erwerb der ausländischen Währungen für Rimesse aus dem PRC über falsche Profite und Neuanlage mit falschen Renminbi (RMB) Profiten heraus, aber die Firma ist nicht mit den vollen Einzelheiten solcher Behauptungen versehen worden. SAFE hat provisorisch eine Absicht ausgedrückt, eine Geldstrafe RMB28.7427 Million (ungefähr $27.1158 Million) Wah aufzuerlegen sang Gas (China). Das Handeln in den Anteilen der Firma bleibt verschoben. Wah sang Gas (China) hat gebildet schriftliche Darstellungen zum SAFE in Beziehung zu den Behauptungen zum Effekt, daß der Firma für Einspritzung des Kapitals zu Wah Rimessen der ausländischen Währungen durch Wah Sang Gas (China) völlig sangen Gas (China) und nicht zu jedem möglichem anderen Zweck gebildet wurden; Wah sang Gas (China) war nicht wohles vertrautes mit den Detailverfahren für Einspritzung des Kapitals und die Rimesse der ausländischen Währungen war unbeabsichtigt; und Wah sang Gas (China) verweigerte, daß es eine Neuanlage über Profite in RMB gab. Somerly, das begrenzt werden und PricewaterhouseCoopers sind ernannt worden, um die notwendigen und geeigneten Schritte einschließlich, ohne die Beschränkung zu nehmen, gefallen gegen jede abschließende Entscheidung des SAFES oder für eine vorteilhaftere Strafenanordnung direkt oder indirekt vermittelt

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Mai 24 2004 11:06 Marktbericht Wah sang Gas (8035) verkündete, daß Shum Ka, der Vorsitzende sang, hat der Generaldirektor und ein Executivdirektor als der Vorsitzende abgefunden und der Generaldirektor der Firma mit Wirkung von April 29 aber wird als Executivdirektor bleiben. Shen Yi, der funktionierende Hauptoffizier und ein Executivdirektor, hat wie ein Executivdirektor und ein funktionierender Hauptoffizier der Firma abgefunden. Qian Mingjin, Executivdirektor der Firma, auch abgefunden. Zhang Hongru, Executivdirektor und Generaldirektor der Tianjin Entwicklung (0882), Hauptaktionär der Firma, ist als Vorsitzendes der Firma im Wiedereinbau von Shum ernannt worden. Wang Gruppe, Vorsitzender und Generaldirektor von Tianjin TEDA gasen Co. Ltd., eine Mittochtergesellschaft der Tianjin Entwicklung, ist ernannt worden als der Generaldirektor der Firma.

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Mai 24 2004 11:17 Marktbericht sang Wah das Gas (8035) erklärt, daß keine formale Nachricht durch sie, daß alle mögliche PRC Regierungen eingreifen oder übernehmen, direkt oder indirekt, sein Gasgeschäft empfangen worden ist. Es hat keine Unterbrechungen in den Gas-Versorgungsmaterial-Betrieben der Gruppe gegeben und keiner solcher Gas-Versorgungsmaterial-Betriebe hat aufgehört. Jedoch hat der Fortschritt des Rohrleitungaufbaus der Gruppe am Liquiditätproblem verlangsamtes gelegen, die gesagte Firma. Die Firma sagte auch, daß sie alle Maßnahmen ergriffen hat, sicherzugehen, daß solches Interesse richtig adressiert wird.

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Mai 24 2004 11:20 Marktbericht sang Wah Gas (8035) verkündete, daß wegen des Liquiditätproblems, die Firma zurückgefallen ist, wenn sie die Rückzahlung der Direktion von Schuld $55 Million bildete, die Mai 10 gemäß einer Vereinbarung für a das Darlehen syndicated, das durch CITIC Ka Wah Bank geordnet wurde, aber hat zurückerstattet eine Menge von $10 Million plus die Gesamtzinszahlung von ungefähr $120.000. Das Banksyndikat hat prinzipiell damit einverstandenIST, Zeit für die Firma zu bewilligen, die notwendigen Untersuchungen zu leiten und mit einem Schuldenrückzahlungantrag oben zu kommen. Andererseits hat China Kaufleute Bank Co., Ltd., Hong-Kong Niederlassung auch erklärt, daß Wah Gas ist in der Rückstellung unter einem datierten Bank-Service-Buchstaben März 18 2003 von $25 Million sang, aber hat keine sofortige Drohung der zugelassenen Durchführungtätigkeit angezeigt. Die Firma gab an, daß die Ansage seiner 2004 dritten vierteljährlichen Resultate bis weitere Nachricht verzögert wird.

[traudich100]

Hallo

Das das mal so endet mit WSG konnte wohl keiner im voraus ahnen. Da hat man ein Haufen Geld investiert und dann solche Machenschaften.
Will bloß hoffen das sich alles im guten aufklärt!!!

Nach den Berichten heute wird der Handel ende Juni Anfang Juli wohl erst aufgenommen !?

[cometh]

traudich100

noch viel schlimmer als irgendwelche machenschaften sind diese beschissenen übersetzungen.

[traudich100]

Hallo cometh,

Habe mal den Link reingestellt.
Diese Übersetzungen habe ich für die die kein Englisch können übersetzt mit Babelfish.
Ich selber kann Englisch perfekt lesen u. Schreiben.

Wenn man sich aber diese Übersetzungen langsam durchlest kann man schon verstehen was gemeint ist.

TD




http://www.infocastfn.com/infocast_fbx/index.cfm?fuseaction=…

[cometh]

ist ja schön. aber ich glaube, die meisten hier können englisch lesen und schreiben.

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Wah Sang says ex-CEO may be in detention
Foster Wong

Wah Sang Gas Holdings said yesterday that controlling shareholder Charlie Shum`s freedom of movement on the mainland ``may be subject to constraint`` while Hong Kong and Chinese regulators investigate the company`s finances.


Wah Sang issued a statement yesterday saying that Shum had resigned as chairman and chief executive of the mainland gas distributor amid a probe into its finances by Hong Kong`s Securities and Futures Commission.

The company said it had defaulted on bank loans totalling HK$80 million due to a liquidity crunch, and that the SFC has questioned the accuracy of stated profits at some of its subsidiaries sparking an investigation.

``The SFC has also raised concerns regarding suspicious fund flows involving some of the company`s subsidiaries in the PRC ... and that the published accounting records of the company may contain false and misleading information,`` Wah Sang said.

It said Shum is in the mainland assisting authorities ``with certain inquiries, details of which are unknown to the company`` but could not confirm he had been detained.

``The current situation of Mr Shum is uncertain ... However, his freedom of movement may be subject to constraint.``

Shum, who owns a 41.92 per cent stake in Wah Sang, stepped down on April 29 but remains as an executive director, it said.

Chief operating officer Shen Yi and executive director Qian Mingjin have also quit ``for personal reasons,`` the company said.


The company`s Growth Enterprise Market-listed shares were suspended from trading on April 6 by the SFC.

An SFC spokesman yesterday declined to comment on the case.

The mainland`s State Administration of Foreign Exchange (Safe) recently accused Wah Sang Gas of illegally buying foreign currencies for remittance out of China and plans to fine the company 28.7 million yuan (HK$27 million). Wah Sang yesterday denied the allegations, saying any breach was unintentional as it was unfamiliar with regulations.


Wah Sang said it had asked accounting firm PricewaterhouseCoopers to review its overall financial position and help it address issues raised by the SFC and Safe, and would appeal against Safe`s final decision or negotiate a more favourable penalty.

Tianjin Development Holdings` general manager Zhang Hongru has been appointed chairman of Wah Sang Gas while Wang Gang, chairman and general manager of Tianjin TEDA Gas, a unit of Tianjin Development, has taken over as chief executive.

The company also said it had defaulted on principal of HK$55 million due on May 10 for a syndicated loan arranged by Citic Ka Wah Bank in November 2002.

It had repaid HK$10 million plus total interest of about HK$120,000.

It said the bank syndicate had agreed in principle to allow it more time to come up with a debt repayment proposal.

China Merchants Bank`s Hong Kong branch has declared the company is in default of HK$25 million but has not indicated any immediate threat of legal action.

Wah Sang said the progress of its pipeline construction has been slowed due to liquidity problems. However, the gas supply operation had not been interrupted.

The company also clarified that it has not received formal notice from China`s local governments of a possible takeover of its gas business, nor any proposal from its shareholders to restructure the company.

Separately, Wah Sang said it will further delay its results for the nine months to the end of December until further notice.

This violation of listing rules could make it liable to action by the SEHK.


Wah Sang supplied gas to 2.81 million homes in 70 mainland cities and districts in eight provinces at the end of September. Its shares last traded at 64 HK cents.


25 May 2004 / 01:24 AM

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Hongkong 25.05.04 (www.asia-economy.de)

Die Aktie von China Gas 0384-HK war seit dem 19. Mai zu einem Kurs von 0,60 HK-$ vom Handel ausgesetzt. Hintergrund war ein Joint Venture in Peking sowie ein Joint Venture mit der Stadt Huainan in der Provinz Anhui.
Während das in Peking wohl reibungslos verlief, zog sich die Stadt Huainan aus diesem zurück, so das China Gas das Projekt alleine trägt.
Warum die Stadt sich zurückgezogen hat ist nicht eindeutig klar, aber Beobachter mutmaßen, das es mit den Problemen und Ungereimtheiten um Wah Sang Gas zusammenhängt.
Der bereits im vorigen Jahr geplante Anteil von Huainan City Gas Co an dem JV betrug 30 %, welches nun China Gas 21,6 Millionen Yuan kostet.

Die Aktie verliert im Augenblick um 1,7 % auf 0,59 HK-$. Händler erwarten ein weiteres Abrutschen und sehen eine Unterstützung bei 0,55 HK-$.

[traudich100]

Hallo was zum Lesen.

http://www.hkgem.com/listedco/listconews/gem/20040524/GLN200…

[traudich100]

28 May 2004 12:22 Market News

(Infocast News) Xinao Gas (2688) Executive Director and Financial Controller Wilson G. N. Cheng said that three of the company`s units have obtained a five-year US$25 million loan from International Financial Corp (IFC), a unit of World Bank. The loan bears a rate of 1.5% over the three-month HIBOR. The parties involved will jointly develop an environment protection system, and the company has to submit an environment protection report each year. Cheng admitted that the requirement will incur additional operating costs for the company but the effect should be minimal.

The company`s Executive Director and Deputy General Manager Jin Yongsheng said that IFC has always been supportive towards private enterprises, taking part in activities such as helping with institutional structuring and promoting envrionemnt protection. This is the first time IFC investing in a gas company in Mainland China, and he is not sure if IFC will make further investments in PRC`s gas companies. So far he is not aware of any such plans from IFC.

He noted that the joint development project in Beihai with CNOOC (0883) is expected to commence production in May-June 2005, while the Guangxi project is still in the preliminary discussion stage.

He added that the government has been supportive towards development of gas projects, but gas companies have to reduce costs first to maintain their competitiveness. The recent case on Wah Sang Gas (8035) may have short-term psychological impact on investors, but he believes investors are clear about the business scales of different companies. Moreover, with the gas market on an upswing the market is unlikely to be affected by concerns over individual companies. At the same time, he has not heard of any proposed disposal of projects by Wah Sang Gas.

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28 May 2004 16:27 Market News Tianjin Development (0882) Chairman Wang Guanghao said that the earlier trading suspension of the company`s shares was mainly for the clarification on his speech relating to Wah Sang Gas (8035). Tianjin Development and Wah Sang Gas are independent companies and Tianjin Development`s operation will carry on unaffected by Wah Sang Gas, he said, adding that Tianjin Development`s 22.67% equity interest in Wah Sang Gas only accounted for a small proportion of its investment. He refused to say more on Wah Sang Gas, giving the reason that the issue is still under investigation.

Wang also said that the macroeconomic adjustment measures mainly target on industries, such as steel, and have no influence on Tianjin Development`s overall operation of developed principal operations.

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New Hope, Sumitomo in gas deal
Bloomberg

Pigfeed-to-banking tycoon Liu Yonghao`s New Hope Group, Japan`s Sumitomo and the World Bank`s International Finance Corp have signed agreements with 10 cities to supply natural gas.

Liu, who co-founded Minsheng Banking - China`s largest private lender - said the venture aims to secure distribution rights in 10 more cities this year. New Hope already distributes gas in Shenzhen with Hong Kong-listed China Gas Holdings.

``Public utility service is a household business and a big market for us,`` said Liu, 53. ``Money is not the only element to win favour from local governments.``

China allowed foreign and private investors access to public utilities such as water, gas and electricity in late 2002. Xinao Gas Holdings, Wah Sang Gas Holdings and Hong Kong & China Gas are all competing to snare distribution contracts with Chinese cities.

China, the largest energy user after the United States, aims to quadruple its use of natural gas to 8 per cent of household fuel by 2010, the government said two years ago.

Liu`s venture aims to buy gas from a US$5.2-billion (HK$40.56-billion) pipeline China is building from gas fields in Xinjiang in the far west to Shanghai on the east coast.

``We need to be near the source of the gas,`` said Liu, whose New Hope Group is privately held. New Hope will split its gas unit to form the venture, Liu said.

The venture plans to invest in gas infrastructure in cities in Anhui, Hubei, Fujian and Jiangsu provinces.

New Hope in July joined China Gas to buy 40 per cent in Shenzhen Gas, a distributor controlled by the local government.

Liu, born into a farmers` family, started business selling pig-feed and is now one of the wealthiest businessmen in China, with interests in biotechnology, finance, dairy and retailing.

International Finance Corp, the private investment arm of the World Bank, this week said it would invest US$10 million for a 2.71 per cent stake in Xinao Gas.

28 May 2004 / 02:36 AM

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Gasgeschäft: Weltbank, Sumitomo und New Hope Group
28.05.04 (www.asia-economy.de)

Wie ``Bloomberg`` berichtet, haben die New Hope Group, Japan`s Sumitomo und die zur Weltbank gehörende International Finance Corp Verträge mit 10 Städten geschlossen, welche mit Gas beliefert werden sollen.
Weiterhin geht es um die Sicherunmg von Vertriebsrechten in weiteren 10 Städten Chinas. Die New Hope Group, welche ein Privatkonzern ist und dem Tycoon Liu Yonghao gehört, beliefert bereits über die China Gas Holdings die Metropole Shenzhen mit Gas. Wie Liu betont, ist dieser Markt äußerst lukrativ, seit dem die chinesische Regierung mit Ende 2002 den Privatinvestoren diesen neben Wasser und Elektrizität öffnete. Er tritt damit in Konkurrenz zu Unternehmen wie Xinao Gas Holdings, Wah Sang Gas Holdings und Hong Kong & China Gas.
China das nach den USA der größte Energieverbraucher ist, hat bereits vor zwei Jahren eine Vorgabe gegeben, nach dieser der Erdgasanteil als Energieträger bis 2010 auf 8 % erhöht werden soll. Im Augenblick macht dieser lediglich 2 % aus.
Liu`s Venture will in die 5,2 Mrd. US-$ teuere Gaspipeline investieren, welche von den Gasfeldern in Xinjiang Westchina an die Ostküste nach Shanghai führt. Dazu will er sein Unternehmen New Hope Group in eine Gaseinheit aufspalten, welche dann in den Städten Anhui, Hubei, Fujian und der Provinz Jiangsu investieren.

Die New Hope Group und China Gas gingen im Juli vorigen Jahres ein Vetures ein, um 40 % an Shenzhen Gas zu übernehmen, welche sich in Stadtbesitz befinden.

[traudich100]

kleine Zusammenfassung,

Betrügerische Praxis von Wah sang das freigegebene Gas
Durch Personalreporter Yu Ning und Interniertreporter Du Jia
Nach vier Jahren, während eine aufgeführte Firma auf dem HK-Wachstum-Unternehmenmarkt (HKGEM), das Tianjin-gegründete Wah sang, stellt Gas (WSG 8035 HK) strenge Regelung für betrügerische Praxis gegenüber.

Nachrichten kamen heraus an April 30, daß die Staatsverwaltung des Devisenkurses (SICHER) WSG 24 Million yuan (USS 2,89 Million) für ungültige Devisengeschäfte verurteilt hatte.

An April 6 Hong Kong verschoben Sicherheiten und Zukunftkommission das Handeln von WSG-Aktien. WSGs, das schnell Geschäft wächst, das lang Misstrauen von den Investoren getroffen worden war, dann fing zum unravel an.

Zusätzlich zu den ungültigen Verhandlungen Forex schlägt Beweis vor, daß WSG seinen Geschäftsumfang übertrieb und Profite, nachdem sie erhalten hatten, auf dem HKGEM verzeichneten. Aufsichtsbehörden forschen z.Z. die Ausgabe nach.

Im März 1994, sang Tianjin Wah Gasentwicklung Ltd., der Vorgänger von WSG, wurde gegründet in Tianjin. Das Primärgeschäft der Firma bestand aus Gasrohrleitungaufbau und Versorgungsmaterial verflüssigtem Erdgas (LNG). Im 1998/1999 steuerlichen Jahr (Ende an März 31, 1999), hatte WSG Geschäftseinkommen von HK$ 36,4 Million (USS 4,67 Million) und Reingewinne von HK$ 1,9 Million (USS 243.900).

WSG wurde auf dem HKGEM im März 2000 verzeichnet. In den Jahren, die folgten, WSGs zeigten finanzielle Reports, daß das Geschäft der Firma emporschnellte. Im 1999/2000 steuerlichen Jahr verdreifachte erreichte das Geschäftseinkommen der Firma fast und HK$ 100 Million (USS 12,8 Million), mit Reingewinnen von HK$ 25 Million (USS 3,2 Million). Geschäft WSGs fuhr zum Wachstum an einem verblüffenden Schritt fort; Einkommen verdoppelte im 2000/2001 steuerlichen Jahr und verdoppelte dann wieder 2001/2002. Entsprechend seinem mittleren Jahrreport für steuerliches 2003/2004, waren Einkommen WSGs mehr als HK$ 500 Million (USS 64 Million), mit Reingewinnen von HK$ 146 Million (USS 18.7million).

Auf der Oberfläche gründete sich Leistung WSGs auf der schnellen Expansion seiner Größe: mitten in 2003/2004 numerierten die einzelnen Kunden von WSG 551.000.
Jedoch entgingen die unklaren finanziellen Daten der Firma nicht der Aufmerksamkeit der Marktinvestoren. Wie ein Analytiker Hong Kong sagt, "das Preis-Erwerbenverhältnis von WSG ist immer Hälfte die einer vergleichbaren Firma. Wir glauben, daß etwas falsch ist, aber wissen nicht genau, was das Problem ist.",

Die Freigabe von Problemen WSGs fing mit einem Ereignis an, das ein Projekt in Qingdao mit einbezieht.

Im Früjahr von 2003, fanden lokale Behörden Forex, daß das Projekt große Profite während seines allerersten Jahres bildete. Diese sogenannten Profite jedoch kamen nicht von den Betrieben aber eher von den Kapitaln, die von anderen Konten gebracht wurden. Behörden Forex vermuteten Geldlaundering. Jedoch zeigte eine Reihe Untersuchungen, daß der Fluß des Kapitals zu WSG weil die Firma geschmiedeten Einkommens- und Profitabbildungen anormal war, um seinen Status als schnell wachsende Firma beizubehalten und die Finanzierung durch den Aktienmarkt zu erreichen. Die Praxis verletzte Regelungen Forex und zeichnete folglich die Aufmerksamkeit von Behörden Forex.

Bevor WSG verzeichnet wurde, sang das Tianjin gegründete Wah Gas registrierte völlig besessenen Firma angerufenen Winstar Venture in den Jungfrauinseln. Winstar völlig besessenes Wah sang Gas-Investitiongruppe (WSGIG), die später in Hong Kong registrierte. WSGIG steuert alle Tochterfirmen im Festland.

Da WSGIG eine Überseefirma ist, die ganze Finanzierung erreicht es in China, einschließlich des Profites von seinem Inlandsgeschäft, muß in HK-Dollar geändert werden und zu HK repatriieren, bevor solche Kapital im Festland wieder geanlegt werden kann.

Im Januar 2002, stellte WSG eine völlig besessene Tochtergesellschaft in Tianjin angerufenen Investition Ltd. (WSG China) des Gases Wah auf Sang (China). Es wurde gesagt, daß eine seiner Funktionen, die Kosten von Devisengeschäften zu verringern war. Wegen bestimmter Regelungen konnten Profite von WSG China, jetzt eine lokale Firma, im chinesischen Festland direkt investiert werden.

WSG versuchte, das Aussehen des schnellen Wachstums beizubehalten. Es stieß 65 neue Projekte in gerade einigen Jahren aus und übertrieb die Zahl seinen Kunden und behauptete 550.000 einzelne Benutzer. Eingeweihte sagen, daß WSG gefälschte Kunden herstellte, um Verträge mit seinen in Verbindung stehenden Firmen zu unterzeichnen und folglich seinen Geschäftsumfang und Profitabbildungen fälschte. Dann verwendete WSG "profitiert", um neue Firmen zu gründen. Bevor WSG China aufgestellt wurde, mußten diese "Profite" zuerst geschickt werden Hong Kong. Die Gründung von WSG China machte es möglich für WSG China, zu investieren "profitiert" direkt. Aber die Praxis verletzte Verfahrensrichtlinien der Devisenkursausrichtung.

Anordnung WSGs war fast vollkommen. Sie brach wenige von Gesetzen Chinas. WSG war sogar bereit, die Steuern für seinen übertriebenen Geschäftsumfang zu zahlen und profitiert. WSG hatte, "Profit" im Aktienmarkt Hong Kongs auszurichten. Nachdem dem Erhalten, verzeichnete, erreichtes WSG HK$ 170 Million (USS 21,8 Million) bei der Finanzierung von der Börse. Offensichtlich die Aktien Hong Kong und die Zukunft, die Kommission nicht die Betriebsmittel zum Kontrollieren von Geschäft WSGs im Festland und hat, nicht die ursprünglichen Daten in seinen Finanzberichten folglich, überprüfen könnte.

Jedoch schlug die Leitung Forex einen tödlichen Schlag zu WSG. All an, das fremde Investoren ihre Investitiontätigkeiten mit dem Leitungsbüro Forex einordnen müssen. Unabhängig davon, ob der Investor ausländische Währung oder nicht ausgetauscht hat, dieses werden ganzes Tätigkeiten durch das Büro überwacht. Folglich als WSG Investitionen durch "verschieben" Profite bildete, brach es in Verbindung stehende Regelungen auf Verhandlungen Forex, und die Behörden Forex reagierten. Die Entdeckung seiner betrügerischen Praxis "des Bildens herauf Geschäftsumfang und Profitabbildungen" war eine Nebenerscheinung der Untersuchung. Die Nachrichten wurden schnell zu den Aufsichtsbehörden der Sicherheiten Hong Kong geschickt, die dann entschieden, das Handeln von WSG-Aktien zu verschieben.

Beweggrund WSGs in den Schmiedenbuchhaltungabbildungen liegt auf der Hand: er wollte so viel Haupt aufsaugen, wie möglich vom Aktienmarkt. Er ist noch unklar, wie diese Börsefinanzierung dann verwendet wurde. Für gedankenlos zahlt WSG jetzt den Preis seinen unrealistischen Ehrgeiz und disgraceful Geschäftsverfahren.

Übersetzung durch Zhou Wei

[traudich100]

Hallo,

Ob WSG auch seine Hände damit drin hat ? der Verdacht lieg nahe ! ?



Korruption, Bestechung, Unterschlagung Tagesordnung in China ?
Das National Audit Office (NAO), vertreten durch Li Jinhua, Präsident der Oberrechnungskammer, hat dem Standing Commitee of the National People`s Congress einen Bericht über die Untersuchungen der Industrial and Commercial Bank of China (ICBC) vorgelegt, welcher gelinde gesagt verheerend ist. Korruption, Unterschlagung, Geldschieberei scheinen an der Tagesordnung zu sein. Es stellte sich heraus, dass 17 Mrd. Yuan illegal ausgereicht wurden. Das NAO überprüfte sämtliche Bücher der Zentrale in Peking sowie etlicher Niederlassungen im Land. Dabei wurden erhebliche Unregelmäßigkeiten festgestellt, indem Gelder für Landkäufe, Immobilienkäufe, Autokäufe sowie in Cash ausgereicht wurden.
In Shanghai hatte beispielsweise eine Niederlassung einem Herrn Yao Kangda 71 Millionen Yuan zur Verfügung gestellt, welcher damit spekulativ 128 Wohnungen kaufte.

Die Untersuchungen wurden und werden durchgeführt, da es eventuell 2006 zu einem internationalen Börsengang kommt und im Vorfeld bereits entsprechende Bilanzen festgestellt werden sollen. Die Industrial and Commercial Bank of China hat einen Wert von vier Billionen Yuan.

Dabei wurden auch alle Unternehmen mit einbezogen welche mit der Bank zu tun haben. Bei den Nachforschungen stellten sich verheerende Zahlen heraus. Dem Bericht zufolge sind Betrügereien und Unregelmäßigkeiten mit Unternehmen in Höhe von 67 Mrd. Yuan aufgeflogen, wobei das nach Auffassung der NAO erst die Spitze des Eisberges sei. Im Augenblick wurden erst 21 von 28.300 Niederlassungen untersucht. Die Bank hat in China insgesamt 100 Millionen Kunden.
Li Jinhua zeigte Fälle auf, wo per Telefon gegenüber Unternehmen wie auch Einzelpersonen Kreditzusagen gemacht wurden, ohne entsprechende Unterlagen zu prüfen. Anders herum kam es auch zu etlichen Fällen wo Kreditsteller mit gefälschten Unterlagen in der Bank erschienen und Kredite erhielten.
Eine Niederlassung in Peking gab 791 Millionen Yuan für Autokredite heraus, wobei die vorgelegten Papiere gefälscht waren. In Foshan, Guangdong, wurde einem privaten Geschäftsmann, der lediglich als Feng registriert ist und im Verbund mit 13 Unternehmen stehen soll, ein Darlehen in Höhe von 7,42 Mrd. Yuan gewährt. Die Untersuchung ergab, dass eine bisher noch nicht bekannte Zahl von Bankpersonal an dem Deal beteiligt war und Gelder auf private Konten flossen, in Bar ausgezahlt oder nach Übersee transferiert wurden.
Für Li ist das größte Problem der Bank die Erteilung von Darlehn für Autos und Immobilien. Es herrscht ein regelrechtes Chaos, da eine Vielzahl von angenommenen Rechnungen, Belegen, Steuerunterlagen und Verträge von Unternehmen oftmals wertlose Dokumente sind, da sie schlicht gefälscht wurden.
Z.B. arbeitete 2002 ein Handelshaus aus Luoyang, Provinz Henan, mit dem Bankpersonal ``heimlich`` zusammen um eine akzeptable für die Bank verwertbare Abrechnung für ein Unternehmen in Dalian zu erstellen. Gewicht des getürkten Papiers waren 492 Millionen Yuan.

Das alles erinnert an China Life Insurance, wo Ungereimtheiten der Bücher erst nach dem Börsengang bekannt wurden. So wurden Versicherungsprämien illegal für Eigeninvestitionen in verschiedenen Projekte und Büros verwand, Volumen 2,48 Mrd. Yuan. Weiterhin waren 2,37 Mrd, Yuan verwendet worden für die Änderung von Versicherungsprämien um die Konkurrenz auszubooten.

Ein weiterer Fall war die Niederlassung der Bank of Communications in Jinzhou, Provinz Liaoning. Hier wurde in Zusammenarbeit mit lokalen Gerichten Urkunden gefälscht die dann bei der Zentrale eingereicht wurden für ein Darlehn von 221 Millionen Yuan. Wie es aussieht ist es in private Taschen geflossen.


Aber das ist ja noch nicht alles. Li Jinhua stellte in einer weiteren Untersuchung fest, dass Gelder für die Olympischen Spiele weg sind. Sie sind verschwunden. Der Etat für 2003 wurde Unterschlagen und zweckentfremdet eingesetzt. Seit 1999 hat das General Administration of Sports 131 Millionen Yuan zur Vorbereitung zur Verfügung bekommen. Davon wurden 109 Millionen für Gebäude und dem Personal des Gremiums ausgegeben.

Das ist aber immer noch nicht alles. Li legte weiterhin vor, das Gelder die den Bauern und Landwirten für Unterstützungen zur Verfügung standen, nicht mehr zur Verfügung stehen, weil Beamte die Gelder einfach unterschlagen haben oder in völlig andere Kanäle leiteten. So wurden, statt steuergünstige Darlehns auszugeben, die Gelder zweckentfremdet in Verkehrs-, Elektrizitäts- und Telekomprojekte investiert.

Er katalogisierte des Weiteren die Unwirtschaftlichkeit von Infrastrukturprojekten auf wie auch die Steuerflucht vieler Unternehmen, Staatsunternehmen, auf. Es wurden in 788 Unternehmen Überprüfungen durchgeführt. Diese allein hatten laut dem Report über 25 Mrd. Yuan an Steuern offen, oder anders gesagt, hinterzogen.

Einiges zu Li Jinhua. Er ist der Auditor-General und wird deshalb in der Presse auch oft als General Li bezeichnet. In das Amt als Revisor / Bilanzüberprüfer und Jäger der Korruption wurde er 1999 berufen. Seine erste Handlung war dann auch, dass er 50.000 Buchhalter im Land anwies, um die Getreidemärkte, welche staatlich Unterliegen, zu überprüfen. Was heraus kam schlug schon damals wie eine Bombe ein. Korruption von Beamten welche die Regierung, gelinde gesagt, betrügen. Satte 25,8 Mrd. US-$ wurden seit 1992 veruntreut.
Er startete beispielsweise eine der Umfangreichsten Bilanzuntersuchung in der Provinz Guangdong bei welcher Zollbeamte einbezogen wurden und durchforstete 23 der größten Staatsunternehmen in verschiedenen Städten.
Um die finanzielle Sicherheiten zu gewähren, wurden Geldinstitute überwacht und er führte eben auch Nachforschungen in der Industrial and Commercial Bank of China und der China Construction Bank durch. Die hierbei aufgeflogenen Fälschungen und Steuerhinterziehungen sind seiner Auffassung nach einer der größten ökonomischen Störungen und Belastungen des Landes.

Li scheint einer der Regierungsbeamten und Mitglieder der Partei zu sein, welcher die Unregelmäßigkeiten und den Missbräuchlichen Einsatz von Geldern durch Nachgeordnete Regierungsabteilungen anpackt und aufdeckt.
Sie umfassen Unterschlagungen, Betrug, ungesetzliche Kredite und persönliche Bereicherung.
Ihm ist dabei freie Hand gegeben worden, was bitter nötig ist und zu hoffen bleibt das er das freie Handling ohne Einschränkungen auch in der Zukunft weiter wahrnehmen kann.


Li Jinhua wurde 1943 in Rudong, Provinz Jiangsu, geboren. 1965 trat er der Kommunistischen Partei Chinas bei und wurde 1966 Mitglied des Banking Department of the Central Institute of Finance and Banking. Danach war er von 1968 bis 1971 im Northwest Institute of Finance and Banking tätig. Von 1975 bis 1980 war Li Direktor im Political Department eines Unternehmens des Ministry of Aeronautics Industry. 1983 wurde er dann Direktor dieses Unternehmens und ökonomischer Direktor im Economic and Trade Department der Provinz Shaanxi. Bis 1995 war er in diesem Bereich tätig. Danach wurde er Revisor in der State Auditing Administration und ab 1998 der General Auditor.
1992 wurde er zum National Congress delegiert und kam 1997 in die Central Commission for Discipline Inspection. Damit war der Aufstieg in die Elite der Partei vollzogen.
27.06.2004 (il)

[Thamm]

Chaotisch!
Man kann nur hoffen und beten, das China bald westliche Korruptionsstandards erreicht.
Dann ist, wie bei uns, endlich das Taschen voll machen klaren Regeln unterworfen.
Immer nur ein bißchen, nie zu viel.
Sonst fällt es auf!
Was schlimm ist, denn dann muß irgendeiner die Verantwortung übernehmen und am Ende, mit nichts weiter als Peanuts nach Hause gehen.
Und vorher auch noch politische Korrektheit zelebrieren.
Wird endlich Zeit das diese Kommunisten zu unseren Maßstäben von moralischem Anstand finden.
Wo kommen wir denn hin, wenn sich hier jeder ungezügelt bereichert?
So kommen die nie dahin, wo wir sind!
Womit wir alle arm blieben.
Vorausgesetzt natürlich, wir tragen keine Verantwortung.

[Servicewinner]

@all

Weiß jemand "zufällig", wann Wah Sang Gas wieder
gehandelt wird?

Grüßen an alle . . .

Servicewinner

[BillyT.]

Das weiß wohl überhaupt niemand.

[traudich100]

Hallo,

Hongkong: Wah Sang Gas verschiebt Zahlen
Hongkong 02.07.04 (www.asia-economy.de)

Wer auf die Zahlen von Wah Sang Gas lauerte, wird enttäuscht. Wie heute mitgeteilt, wird die Bekanntgabe der des steuerlichen dritten Quartals verschoben bzw. sie verzögern sich weiterhin. Begründet wird es mit noch fehlenden Unterlagen die dazu benötigt werden.
Die Stock Exchange behält sich weitere Maßnahme vor, die Aktie bleibt weiter ausgesetzt.

Die Aussetzung der Aktie von Wah Sang Gas (8035/BMG9419C1284) wurde am 06. April auf Grund einer Directive der Securities & Futures Commission (SFC) durchgeführt. Die letzte Kursfeststellung lag bei 0,64 HK-$.

Bei Wah Sang Gas kam es bereits im Dezember zu einem Kurseinbruch, nachdem eine angekündigte Aktienplatzierung platzte und das Gerücht aufkam das die Securities & Futures Commission sich eingeschaltet hat.

[traudich100]

Wah Sang Gas Holdings Limited
(incorporated in Bermuda with limited liability)
(Stock Code: 8035)

ANNOUNCEMENT

DELAY OF ANNOUNCEMENT OF THIRD QUARTERLY RESULTS
FOR THE NINE MONTHS ENDED 31 DECEMBER 2003 AND
ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2004

The Board wishes to inform the shareholders of the
Company that the announcement of the 2004 Q3 Results
and the 2004 Annual Results and the despatch of the
2004 Q3 Report and the 2004 Annual Report are
delayed until further notice as the Company is still
in the process of compiling the necessary
information required by its auditors for the
purposes. Such delays will constitute breaches of
Rules 18.03 and 18.66 of the GEM Listing Rules.

The Board will inform the shareholders of the
Company as soon as practicable when the Company is
able to announce the 2004 Q3 Results and the 2004
Annual Results and despatch the 2004 Q3 Report and
the 2004 Annual Report.

Trading in the shares in the Company will remain
suspended until further notice.


By Order of the Board
Wah Sang Gas Holdings Limited
Zhang Hongru
Chairman

Hong Kong, 30 June 2004

This announcement, for which the directors of the
Company (other than Mr. Shum Ka Sang) collectively
and individually accept responsibility, includes
particulars given in compliance with the GEM
Listing Rules for the purpose of giving information
with regard to the Company. The directors of the
Company (other than Mr. Shum Ka Sang), having made
all reasonable enquiries, confirm that, to the best
of their knowledge and belief :- (1) the information
contained in this announcement is accurate and
complete in all material respects and not
misleading; (2) there are no other matters the
omission of which would make any statement in this
announcement misleading; and (3) all opinions
expressed in this announcement have been arrived
at after due and careful consideration and are
founded on bases and assumptions that are fair and
reasonable.

The Board comprises of 9 directors, 7 of which are
executive directors, namely Dr. ZHANG Hongru, Mr.
WANG Guanghao, Mr. WANG Gang, Mr. SHUM Ka Sang, Mr.
CHEUNG Man Hoi, Mr. FAN Bao Qi and Mr. SHI Dun Hong,
and 2 of which are independent non-executive
directors, namely Mr. NG Eng Leong and Mr. CUI
Shuming.

The above announcement is a summary only. For the
full version of this announcement, please refer to
the `Latest Company Announcements` page on the GEM
website at www.hkgem.com.

[traudich100]

02 Jul 2004 13:15


Wah Sang Gas (8035) said the announcement of the results for the fiscal third quarter and the full year of the business year 2004 are delayed until further notice as the company is still in the process of compiling the necessary information required by its auditors for the purposes.

The Stock Exchange reserved its rights to take action against the company for such delays.

Trading in the shares in the company will remain suspended until further notice.

[matthiasch]

Das ist ja wirklich wieder eine traurige Sache

Zum Glück bin ich raus, habe ich wohl meinen Erfahrungen aus 2000 und 2001 zu verdanken

[traudich100]

# matthiasch,

Na ja das das mal so kommen würde, das konnte keiner Ahnen!?
Ich hoffe nur das WSG mit einen blauen Auge da raus kommt, sonst sehe ich denn Kurs wenn es wieder zum Handel kommt bis zum Totalverlust.
Ich aber werde bestimmt nicht gleich in Panic verkaufen wenn der Kurs beim ersten Handel fällt!!!
Halte zur zeit noch über 370.000 Stücke.

TD

[Servicewinner]

Hallo, is` da jemand?

Einer, der genauso doof ist wie ich und
Anteile an dem Unternehmen hält?

Gibt es neue Informationen, wann die Aktie
wieder gehandelt wird?

Fragen über Fragen . . .

Grüße

Servicewinner

[traudich100]

Hallo Investierten,

zu zeit gibt es keinerlei Info über WSG.
Die halten sich alle im schweigen über Ihre Hinterhältigen Machenschaften!!!
Es kann sogar sein das die Aktie bis Jahresende nicht mehr gehandelt wird. Habe des Öfteren WSG angeschrieben und immer noch keine Antwort.

TD

[Servicewinner]

Hallo Traudich,

danke für die schnelle Antwort. Woher stammt das
"Gerücht", dass WSG bis Ende des Jahres nicht
mehr auf dem Tableau erscheinen soll? Soweit ich
weiss, war es doch eigentlich geplant, bis
Ende Juni wieder auf dem Markt präsent zu sein.

Oh, Mann. Je länger es dauert, umso wahrscheinlicher
wird wohl der Totalverlust. Frust

Servicewinner

[traudich100]

Our Ref: IE&C/ENQ/0404/07(4)

6 August 2004
` Sent by Email
Email: #################


Dear Sir,

Re: Wah Sang Gas Holdings Limited (“WSG”) (stock code: 8035)

Thank you for your email of 30 July 2004 regarding the captioned company.

As mentioned in our previous letters, the SFC cannot foresee when a suspended listed company can resume trading of its shares. Yet, you may wish to know that the latest announcement of WSG was made on 30 June 2004 regarding its delayed announcement of the third quarterly results for the nine months ended 31 December 2003 and annual results for the year ended 31 March 2004. According to that announcement, trading in WSG shares will remain suspended until further notice. You may read the full announcement at the “Information on Listed Companies” section of the website of Growth Enterprise Market.


Yours sincerely,

For and on behalf of
Securities and Futures Commission


Iris Lam
Assistant Manager
Investor Education & Communications

[Servicewinner]

Hallo Traudich,

danke für die Information. Die scheinen sich wirklich
nicht in die Karten schauen zu lassen.

Bin mal gespannt, wenn es überhaupt noch einmal zum
Handel kommt, wo dieser angesetzt wird.
Bei 0,00...01 Euro???

Liebe Grüße

Servicewinner

[traudich100]

16 Aug 2004 09:34 GEM Listing News

The Stock Exchange of Hong Kong Limited takes no
responsibility for the contents of this announcement, makes
no representation as to its accuracy or completeness and
expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any
part of the content of this announcement.

WAH SANG GAS HOLDINGS LIMITED
(incorporated in Bermuda with limited liability)
(Stock Code: 8035)

ANNOUNCEMENT

The Board wishes to inform the shareholders of the Company
that the announcements of the 2004 Q3 Result and the 2004
Annual Result and the despatch of the 2004 Q3 Report and
the 2004 Annual Report are delayed until further notice as
the Company is still in the process of compiling the
necessary information required by its auditors for the
purposes. Such delays constitute breaches of Rules 18.03
and 18.66 of the GEM Listing Rules.

Accordingly, the delay in the publication of the 2004 Q3
Result and the 2004 Annual Result will cause delay of the
announcement of the 2005 Q1 Result and the despatch of the
2005 Q1 Report. Such delays will constitute breach of Rule
18.66 of the GEM Listing Rules.

The Board will inform the shareholders of the Company as
soon as practicable when the Company is able to announce
the 2004 Q3 Result, the 2004 Annual Result and the 2005 Q1
Result and despatch the 2004 Q3 Report, the 2004 Annual
Report and the 2005 Q1 Report.

The Commercial Crime Bureau of Hong Kong have on 30 July
2004, in execution of a search warrant, collected some
documents from the Company`s head office and principal place
of business in Hong Kong. The Company is at this stage unable
to provide further information regarding the aforesaid
matter.

Trading in the shares in the Company will remain suspended
until further notice.

By Order of the Board
Wah Sang Gas Holdings Limited
Zhang Hongru
Chairman

Hong Kong, 13 August 2004

This announcement, for which the directors of the Company
collectively and individually accept responsibility,
includes particulars given in compliance with the GEM
Listing Rules for the purpose of giving information with
regard to the Company. The directors of the Company, having
made all reasonable enquiries, confirm that, to the best
of their knowledge and belief:- (1) the information
contained in this announcement is accurate and complete in
all material respects and not misleading; (2) there are no
other matters the omission of which would make any statement
in this announcement misleading; and (3) all opinions
expressed in this announcement have been arrived at after
due and careful consideration and are founded on bases and
assumptions that are fair and reasonable.

The Board comprises of 9 directors, 7 of which are
executive directors, namely Dr. ZHANG Hongru, Mr. WANG
Guanghao, Mr. WANG Gang, Mr. SHUM Ka Sang, Mr. CHEUNG Man
Hoi, Mr. FAN Bao Qi and Mr. SHI Dun Hong, and 2 of which
are independent non-executive directors, namely Mr. NG Eng
Leong and Mr. CUI Shuming.

The above announcement is a summary only. For the full
version of this announcement, please refer to the `Latest
Company Announcements` page on the GEM website of
www.hkgem.com.

[traudich100]

16 Aug 2004 10:44 Market News

(Infocast News) Wah Sang Gas (8035) announced that the Commercial Crime Bureau of Hong Kong have on July 30, in execution of a search warrant, collected some documents from the company`s head office and principal place of business in Hong Kong. The company is currently unable to provide further information regarding the aforesaid matter.

The company also announced that the release of the fiscal third-quarter results and the fiscal 2004 results and the despatch of the related reports have been delayed until further notice as it is still in the process of compiling the necessary information required by its auditors for the purposes. Accordingly, the announcement of the results for the fiscal first quarter ended June 30 and the despatch of the related report have also been delayed.

The Stock Exchange reserves its right to take appropriate actions against the company in respect of the aforesaid breaches of the GEM Listing Rules.

At the direction of the Securities & Futures Commission, trading in the shares of Wah Sang has been suspended since April 6. Wah Sang announced that the SFC had raised concerns regarding suspicious fund flows involving some of its subsidiaries in the PRC, the manner in which its group companies were being run and that its published accounting records may contain false and misleading information. The State Administration of Foreign Exchange (SAFE) had provisionally expressed an intention to impose a fine of RMB28.743 million ($27.116 million) on Wah Sang Gas (China), a subsidiary of Wah Sang, regarding certain alleged breaches of the Regulations on Foreign Exchange Control of the PRC.

Trading in the shares of Wah Sang will remain suspended until further notice. Tianjin Development (0882) holds a 22.67% stake in Wah Sang.


InfocastFN.com © Copyright 1998-2004

[traudich100]

Tianjin set to pour profit into Dynasty
Lee Yuk-kei

Shares of red chip Tianjin Development Holdings surged 13 per cent after it announced an almost fivefold increase in first-half earnings and said it would spend up to 200 million yuan (HK$188 million) to boost production at its profitable wine business.

The strong result surprised the market and the stock leapt 13.76 per cent - its largest one-day percentage gain in four years - to close at a five-month high of HK$3.10.

The port-to-property conglomerate controlled by the Tianjin municipal government, said net profit skyrocketed 367 per cent to HK$590.2 million in the first half from HK$126.4 million a year earlier.

Turnover was up 19 per cent to HK$1.07 billion as it gained from selling toll assets.

Stripping out the HK$428 million exceptional gain, earnings were up 28 per cent.

Financial controller Patrick Tsang said that Dynasty Winery, a venture with France`s Remy Martin Group, would invest 100 to 200 million yuan to increase annual production capacity by a third to 50,000 tonnes from 30,000 tonnes by the end of 2005.

Dynasty, the fourth largest winery in China, has applied to the Hong Kong stock exchange for a listing, Tianjin Development said.

Part of the proceeds would fund capacity expansion, Tsang said. The listing plan was revealed last month.

Tianjin Development said on Thursday that profit at the wine business jumped by one-third to HK$71.9 million as sales volume rose 30 per cent to 20.9 million bottles. Dry red wine accounted for more than 80 per cent of sales.

Income of troubled Wah Sang Gas, in which Tianjin Development has a 22.67 per cent stake, was not included in the company`s earnings as the gas supplier was being probed by Hong Kong`s regulator.

Wah Sang Gas said in May that it had defaulted on bank loans totalling HK$80 million due to a liquidity crunch and that the Securities and Futures Commission had questioned the accuracy of stated profits at some of its subsidiaries.

Tianjing Development chairman Wang Guanghao declined to give any details on the progress of the probe, saying that the conglomerate had appointed its executive director and general manager Victor Zhang to act as Wah Sang`s chairman to strengthen the governance and operation. In other business, toll revenue rose 52 per cent in the first half, container handling income rose 9 per cent while cargo handling income reversed to a profit of HK$7 million from a HK$16.3 million loss. It also booked a HK$1.8 million profit from selling property in the Hua Yuan New City in Tianjin.



18 September 2004 / 02:13 AM

[traudich100]

Tianjin Development takes water, power firm stakes
Anthony Tran

Tianjin Development Holdings, a port-to-property conglomerate, agreed to acquire from its parent, Tianjin municipal government, stakes exceeding 90 per cent in an electricity firm and a water company for HK$783.6 million in cash and new shares.

The red chip said it would buy a 94.4 per cent stake in the electricity company, which it did not identify, and 91.4 per cent stake in the unnamed water company. Remaining stakes in the companies will be owned by Tianjin TEDA. Tianjin Development, which handles container cargo, sells dairy products and invests in properties, will initially pay HK$160 million in cash and 222 million new shares at HK$2.8, compared with the closing price of HK$3.1 before trading in the stock was suspended.

The new shares would represent 24.5 per cent of the enlarged issued share capital of Tianjin Development after the deal was completed, it said. The deal has to be approved by independent shareholders.

Tianjin Development has been reshuffling its various businesses. It has applied to spin off its joint venture Dynasty Winery on Hong Kong`s main board and has said it planned to spin off its toll road business. Its trading unit was sold to the parent in 2003.

Its major investment in the energy sector is a 22.8 per cent stake in Wah Sang Gas Holdings, whose first-half earnings report has yet to be released as it is under investigation by the regulator over financial information.

Tianjin Development said last week that net profit for the six months ended June skyrocketed 367 per cent to HK$590.2 million from HK$126.4 million a year earlier, while turnover grew 19 per cent to HK$1.07 billion as it gained from selling toll assets. Stripping out a HK$428 million exceptional gain, earnings were up 28 per cent.


23 September 2004 / 02:57 AM

[traudich100]

----------------- Business Menu ----------------- 2004-09-23Polluting goods targeted Developers hit for price rises HSBC to inject $62m into funds venture Sino Land full-year profit leaps 40-fold Henderson Land staff to get 5pc pay rise and a bonus Staggering cost of poor hires Bankers relaxed over rates rise Growth forecast revised up to 7.5pc Disney walks the cultural line Watchdog rules Internet telephony legitimate Hutch India unit spin-off delayed Zhongtian benefits from listings dearth Plan to sell mortgage backed securities 2004-09-22CLP running out of gas Industrial Bank eyes IPO for next year Hopewell seeks to widen toll highway Wu threatens legal action over Mega Tower project Judge says spare no expense in concubine case From profit warning to fourfold leap Tung line to buy 4 new box vessels HK slips to third in governance survey Investors rush to China Power IPO Accountants to seek solution Local lenders tipped to follow US rate rise Far East appoints three directors as liquidation looms IFC doubles investment in mainland 2004-09-21China Power IPO cut 20pc China`s property sharks snapping up minnows TVB secures rights to air in nine Guangdong cities Hutch taps banks for new funds, says market MTRC plans tourism golden harvest CK Life cashes in on fertiliser concern Trade fair hopes for drop in piracy Worry over business trio arrest Luen Thai confident for full year as interim dips SHKP tender beats rivals Accounting groups` war intensifies SUNeVision in first dividend payout TraHK faces new challenger from Hang Seng Bank 2004-09-20Jiang exit ends HK tussle Clothes firm plans $75m share offer Hutchison telecom IPO targets $8.81b TCL `faces tough times` amid rivalry Police nab would-be gem thieves Li & Fung plans $1b spin-off of distribution unit Buyers snap up over 300 Bellagio flats Wing On gains, rental income dips 2004-09-18H-share rally fails to dispel gloom Luxury units plan for Shaw studio site HSBC in funds venture with Shanxi Trust Troubled drug firms face liquidation TVB confident of finding investor for ailing Galaxy Small players starting to exit steel sector: China Oriental Bankruptcy filings in August dip below 1,000 Debt-deal gain for Lai Sun Garment 2004-09-17Subversion bill warning SAR pushing ahead with new cargo terminal plan Hotel gain lifts Great Eagle first-half earnings Directors plead for leniency Regal back in black, plans expansion August jobless rate drops to 6.8pc TVB to take back US stake in pay-TV Fashion retailer Veeko plans cosmetics push Esprit gets earnings upgrade after profit surge 23pc net rise at SmarTone New World TMT to book shares sale loss Daily Stop deal boosts 7-Eleven railway outlets Cepa lifts analysts` forecasts HSBC to place 6pc stake in Hang Lung Home prices tipped to surge 8pc in last quarter
HK slips to third in governance survey
Lee Yuk-kei

Hong Kong has fallen behind Malaysia in corporate governance, according to a survey of blue chip companies which ratings agency Standard & Poor`s helped conduct.


Hong Kong ranked third in corporate governance behind Singapore and Malaysia, according to the study of five Asian nations by S&P and the National University of Singapore. It ranked ahead of Thailand and Indonesia.

Calvin Wong, managing director of S&P`s governance services, said the 33 Hang Seng Index companies received an average score of 43 out of a maximum of 140, well below Singapore`s 81 and Malaysia`s 65. Average score of Thailand was 38 and Indonesia 24.

Recent corporate governance surveys conducted by CLSA and Governance Metrics International showed Hong Kong lagged Singapore but not Malaysia.

``The substantial difference between the score of 43 and 65 surprises us,`` Wong said. He said that another surprise was that Malaysia should have scored much higher if its companies were assessed based on 2003 rather than 2002 annual reports since corporate governance tends to improve every year. Hong Kong`s score was based on last year`s annual reports.

Hong Kong has been hit by a slew of corporate scandals over the past couple of years. Last month, BOC Hong Kong`s former deputy chief executives Zhu Chi and Ding Yansheng, as well as former general manager Zhang Debao, were detained in China on embezzlement charges.

Other recent cases included anti-graft agency`s probes over some senior management at Semtech International Holdings and Securities and Futures Commission`s investigation in Wah Sang Gas Holdings.

BOC (HK), CLP Holdings, Cosco Pacific, HSBC Holdings, and Li & Fung ranked as the top five listed companies in Hong Kong, S&P said. ``Most of the corporate governance scores [in Hong Kong] appear to be clustered between 11 and 40 points, out of a maximum of 140,`` Wong said.

The report found key areas where disclosures and board practices were short of global best practices included insufficient number of independent directors and inadequate disclosures of directors` details like remuneration.

``The data from the study showed that independence of the boards of directors for most companies on the Hang Seng Index is very low,`` Mak Yuen Teen, vice-dean of the National University of Singapore`s Business School, said.

Some companies in Hong Kong have hired outside directors. Johnson Electric Holdings said it hired Laura Cha, previously a vice-chairwoman of the China Securities Regulatory Commission, as an independent director and member of its audit board. BOC (HK) hired several independent directors, including Linda Tsao, a former director of the Asian Development Bank.

23 September 2004 / 02:58 AM

[traudich100]

15 Oct 2004 11:05 Market News

Wah Sang Gas (8035) announced that in respect of the RMB28.743 million penalty for the alleged breaches of the Regulations on Foreign Exchange Control of the PRC, an amount of RMB6 million had already been paid by it. The State Administration of Foreign Exchange of the PRC (SAFE) has decided to reduce the unpaid administrative penalty from RMB22.743 million to RMB742,720 (approximately $700,679). The remainder of the administrative penalty shall be paid on or before October 31. In other words, the total penalty is reduced to RMB6.743 million (approximately $6.36 million).

Trading in the shares in the company will remain suspended until further notice.

Wah Sang Gas announced in May that its wholly-owned subsidiary Wah Sang Gas (China) received a notice from SAFE on April 8 regarding certain alleged breaches of the Regulations on Foreign Exchange Control of the PRC. The alleged breaches involved acquisition of foreign currencies for remittance out of the PRC by way of false profits and reinvestment with false Renminbi (RMB) profits, but the company had not been provided with the full particulars of such allegations. SAFE provisionally expressed an intention to impose a fine of RMB28.7427 million (approximately $27.1158 million) on Wah Sang Gas (China).

[traudich100]

15 Nov 2004 09:27

Wah Sang Gas Holdings Limited
(incorporated in Bermuda with limited liability)
(Stock Code: 8035)

ANNOUNCEMENT

The Board wishes to inform the shareholders of the Company
that the announcements of the 2004 Q3 Result, the 2004 Annual
Result and the 2005 Q1 Result and the despatch of the 2004
Q3 Report, the 2004 Annual Report and the 2005 Q1 Report
are delayed until further notice as the Company is still
in the process of compiling the necessary information
required by its auditors for the purposes. Such delays
constitute breaches of Rules 18.03 and 18.66 of the GEM
Listing Rules.

Accordingly, the delay in the publication of the 2004 Q3
Result, the 2004 Annual Result and the 2005 Q1 Result will
cause delay of the announcement of the 2005 Interim Result
and the despatch of the 2005 Interim Report. Such delays
will constitute breach of Rule 18.53 of the GEM Listing
Rules.

The Board will inform the shareholders of the Company as
soon as practicable when the Company is able to announce
the 2004 Q3 Result, the 2004 Annual Result, the 2005 Q1
Result and the 2005 Interim Result and despatch of the 2004
Q3 Report, the 2004 Annual Report, the 2005 Q1 Report and
the 2005 Interim Report.

Trading in the shares in the Company will remain suspended
until further notice.

By Order of the Board
WAH SANG GAS HOLDINGS LIMITED
Zhang Hongru
Chairman

Hong Kong, 12 November 2004

This announcement, for which the directors of the Company
collectively and individually accept responsibility,
includes particulars given in compliance with the GEM
Listing Rules for the purpose of giving information with
regard to the Company. The directors of the Company, having
made all reasonable enquiries, confirm that, to the best
of their knowledge and belief:-(1) the information
contained in this announcement is accurate and complete in
all material respects and not misleading; (2) there are no
other matters the omission of which would make any statement
in this announcement misleading; and (3) all opinions
expressed in this announcement have been arrived at after
due and careful consideration and are founded on bases and
assumptions that are fair and reasonable.

The Board comprises of 8 directors, 6 of which are executive
directors, namely Dr. ZHANG Hongru, Mr. WANG Guanghao, Mr.
WANG Gang, Mr. SHUM Ka Sang, Mr. CHEUNG Man Hoi and Mr. SHI
Dun Hong, and 2 of which are independent non-executive
directors, namely Mr. NG Eng Leong and Mr. CUI Shuming.

The above announcement is a summary only. For the full
version of this announcement, please refer to the `Latest
Company Announcements` page on the GEM website of
www.hkgem.com.

[traudich100]

Dynasty offer rosy for Tianjin



Lee Yuk-kei


December 14, 2004



Tianjin Development Holdings, the port-to-property conglomerate controlled by the Tianjin municipal government, wants investors to contribute HK$414 million for shares in its winery unit, Dynasty.

While it`s easy to figure why Tianjin and its partner, France`s Remy Martin Group, want the sale to succeed, what`s not so clear is what Dynasty`s new investors would get from the deal.

Tianjin Development won`t benefit directly from the sale, since all the shares are new. And unless it buys shares in the offering, its stake will fall to 46.5 per cent from 62 per cent. Yet thanks to some pre- and post-sale transactions it stands to come away as much as HK$122.4 million richer from the deal.

The bulk of the money - HK$85 million - will come from Tianjin Development`s share of a special dividend Dynasty will declare to its current parents before the sale. (Tianjin owns 62 per cent of Dynasty, while Remy holds 33 per cent and a Hong Kong businessman owns the rest).

It will garner another HK$37.4 million from the sale of its shares in Smiling East, including repayment of a loan owed to Tianjin, which Dynasty will fund with the proceeds of the IPO.

Smiling East owns 60 per cent of Tianyang, an unprocessed wines producer. Its net profits were only HK$2.4 million in 2002 and HK$3 million last year.

One of the ``red chips`` that captured investors` fancies - and a sizeable share of their wallets - in the 1990s, Tianjin Development hasn`t proved much of a boon for its own investors.

After climbing to an all-time high of HK$10.20 in April, 1998, the shares slumped, and haven`t surpassed HK$4 since early 2000. They closed Monday at HK$3.10.

Along the way the company has had its share of controversy. Plans to sell shares in its toll road unit, first announced in 2000, were postponed, then cancelled this year after mainland authorities blocked the deal.

And another outfit, troubled Wah Sang Gas , a GEM-listed company in which Tianjin Development has a 23 per cent stake, became the subject of an investigation by Hong Kong authorities this year.

Tianjin Development insists the sale will benefit China`s fourth-largest winemaker, by affording it easier access to the capital markets and making it more attractive to strategic investors.

About HK$290 million of the net proceeds of the IPO will fund an expansion of existing production facilities and HK$20 million will be used to expand Dynasty`s sales network in China and Europe, with the rest going for possible acquisitions and general working capital.

Yet Dynasty would have had the money on hand to fund much of that expansion on its own were it not for the special dividend, which a source close to the company said will drain most of its cash.

The unaudited net profits of Dynasty were HK$114.1 million in 2002 and HK$117.4 million last year.

``The [spin-off] deal is definitely beneficial to the minority shareholders of the Tianjin Development as it can reap [considerable] profits and cash from the deal,`` a source familiar with the transaction said. ``However, the potential minority shareholders of Dynasty should cautiously mull over the deal.``

Deloitte & Touche Corporate Finance is advising on the deal, and Japanese investment bank Daiwa Securities will act as the sponsor and underwriter, sources said.

[traudich100]

Na endlich es wird wohl nicht merhr lange dauern,

28 Dec 2004 15:33 Market News

(Infocast News) The independent shareholders of Tianjin Development (0882) have today during an extraordinary general meeting approved the board of directors` proposal to spin off Dynasty Fine Wines Group Ltd (DFWGL) for separate listing on the Main Board, according to Wang Guanghao, Chairman of Tianjin Development. A listing application by DFWGL has been approved by the Stock Exchange and DFWGL is now making preparation for listing in as soon as January next year, Wang said.

DFWGL will be better as a separately listed company than as a unit of Tianjin Development for the independence of operation after separate listing, Wang said.

Wang, also Honorary Chairman of Wah Sang Gas (8035), refused to comment on when share trading in Wah Sang Gas will be resumed

[traudich100]

HK-Austausch-CEO-Augen Verdoppeln AuflistungscRahmen Mit China -2-
2005/01/07 22:42


HKEx ist scharf, mit China auf dem Doppelauflistungsrahmen zusammenzuarbeiten, um mehr Festlandchinafirmen zur Börse Hong Kong, gesagtes Chow anzuziehen.



Er sagte, daß er Festlandfirmen erwartet fortzufahren, neue Auflistungen auf der Börse Hong Kong zu beherrschen.



Festland-Chinafirmen Forty-four verzeichneten in Hong Kong 2004 und bildeten herauf 63% der 70 neuen Auflistungen letztes Jahr.



Die 44 Festlandfirmen hoben HK$75.4 Milliarde von ihrem IPOs, Buchhaltung für 81% des HK$93.1 an Milliarde, das von eben registrierten Firmen letztes Jahr angehoben wurde.



Eine Gesamtmenge von 304 Festlandchinafirmen haben in Hong Kong seit dem ersten h-Anteil 1993 verzeichnet. Jene Festlandfirmen bilden jetzt oben 28% von den 1.096 Firmen, die in Hong Kong verzeichnet werden.



Die 10 größtes IPOs in Hong Kong, da 1993 Festlandchinafirmen waren. In ihren jeweiligen allgemeinen Opfern hob ChinaUnicom Ltd. (CHU) um HK$43.6 Milliarde 2000 an, bewegliche (Hong Kong) Ltd. Chinas (CHL) angehoben um HK$32.7 Milliarde 1997, und die Chinalebensversicherung Co. (LFC) angehoben um HK$26.7 Milliarde 2003.



Eben registrierte Festlandchinafirmen halfen Marktkapitalisierung ErhöhungsHong Kongs zu einer Aufzeichnungshöhe von HK$6.696 Trillion 2004.



HSBC-Holdingplc (HBC) registrierte den höchsten Umsatz letztes Jahr, an HK$379.60 Milliarde. Aus den oberen fünf in Aktienhandelwert ausgedrückt rundeten Whampoa Ltd. (0013.HK) Hutchison, Petrochina Co. (PTR), bewegliche (Hong Kong) Ltd. Chinas (CHL) und Sonne gehangene Eigenschaften Ltd. (0016.HK) Kai.



Chow, das unter HKExs anderen Prioritäten dieses Jahr gesagt wird, wiederholen die Betriebe des Wachstumunternehmenmarktes und verbessern registrierte der Gesellschaften Unternehmensführung.



Der EDELSTEIN wurde im November 1999 hergestellt, um Geldbeschaffunggelegenheiten zu den kleineren Firmen, gewöhnlich die zur Verfügung zu stellen mit einem Jahresüberschuß von kleiner als HK$100 Million. Mehr als 200 klein-gross geschriebene Firmen werden auf dem EDELSTEIN verzeichnet.



Executivvizepräsident Richard Williams HKEx sagte, daß der Bericht der Betriebe des Edelsteins bloß mit dem Fünfjahresjahrestag des Marktes übereinstimmt.



` wir möchten die Rolle des Marktes betrachten, wie er in Position gebracht wird, ` er sagten. ` wir möchten eine Abgleichung zwischen Investoren und Geschäften anschlagen, die Kapital anheben möchten (durch den Markt).`,



Williams gab seine Versicherung, daß es keine Pläne zum Schließen des EDELSTEINS gibt.



Die Marktkapitalisierung des Edelsteins fiel 5% auf HK$66.7 Milliarde 2004 von HK$70.2 Milliarde 2003. Sein Marktumsatz ließ 32% zu HK$22.76 Milliarde von HK$38.15 Milliarde in der gleichen Periode fallen.



Er ist nicht die klein-als-erwartete Größe des Marktes und seiner schlechten Leistung gerade, die enttäuscht haben. Der EDELSTEIN ist auch wracked durch eine Zeichenkette von Skandalen in seiner kurzen Geschichte gewesen.



In den letzten fünf Jahren sind 21 Firmen vom Handeln für mehr als 10 Abschlußtage für eine Vielzahl der finanziellen Misdemeanors verschoben worden.



Ein Beispiel ist chinesischer Rohrleitung-Gasversorger, den Wah Gasholdings Ltd. (8035.HK) sang. Einmal wurden ein Liebling der Fonds-Geschäftsführungen, Anteile an der Firma von handeln im Mai letztes Jahr durch die Aktien und Zukunftkommission unter Interessenover - unter anderem - die Genauigkeit seines freigegebenen Einkommens, mißtrauischen Kapitalsflüsse und behaupteten Brüche in den Währungskontrollen Chinas verschoben. Der Vorrat bleibt verschoben.



Unternehmensführung, Chow besagte Pläne HKEx verbessern, um Firmen ausschließlich zu erfordern, Unternehmensführungsreports zur Verfügung zu stellen und finanzielle Resultate und andere wichtige Ansagen rechtzeitig einzuordnen.



- Durch Rita Raagas De Ramos, Dow Jones Newswires; 852-2832-2331; [e-mail]



- redigiert durch Sharon Buan und Andrew Bullard

[traudich100]

Chinas Wah Sang Gas vor Börsen - Aus ?
Friday, 18. Feb 2005, 13:34
Unternehmen: WAH SANG GAS

Hongkong 18.02.05

Wie Infocast heute früh mitteilte, ist der gesamte Vorstand von Wah Sang Gas 8035-HK entlassen worden. Nach wie vor geht es um völlig unklare Buchverhältnisse im Unternehmen. Aus diesem Grund wurde die Aktie am 06. April 2004 vom Handel an der Hongkonger Börse ausgesetzt und hat diesen nie wieder aufgenommen. Laut den Regularien der Stock Exchange wird ein Unternehmen delistet wenn es länger als ein und ein halbes Jahr nicht mehr gehandelt wurde.

Da das Unternehmen anscheinend nicht in der Lage ist seine Wirtschaftszahlen geprüft und korrekt dazulegen, was eine Aufhebung der Aussetzung bedeuten würde, droht nun tatsächlich das endgültige Aus an der Börse.

[traudich100]

Managers, staff leave troubled Wah Sang


Staff reporter


February 21, 2005


The management of mainland piped-gas distributor Wah Sang Gas Holdings has left the company and some of its employees have been employed by rival Xinao Gas Holdings, sources say.

Wah Sang`s shares have been suspended on the Hong Kong stock exchange since April 2004, raising concerns about corporate governance at the company.

Two of Wah Sang`s staff joined Xinao last December and a few more joined this year, according to a Xinao source in Beijing.

Xinao expects more of Wah Sang`s employees to join the company should Wah Sang be delisted.

``We still have quite a few vacancies, but most are in the mid- and low-level positions,`` said the source. He added that no top management from Wah Sang has joined his company.

Wah Sang said in December the Securities and Futures Commission was making an inquiry into the company. According to Infocast Financial News, if the company is found guilty of illegal transfer of foreign currencies, it may be delisted.

The company also faces a fine of 28 million yuan (HK$26.39 million) by China`s State Administration of Foreign Exchange if found guilty of breaking foreign exchange rules, a major shareholder said in May 2004.

Wah Sang is 22.97 per cent owned by conglomerate Tianjin Development Holdings. Its management could not be reached for comment.

Chairman Zhang Hongru said in a February 14 statement to the stock exchange that the company would further delay the announcement of its 2004 annual results as well as 2005 first-quarter report as ``it is still in the process of compiling the necessary information required by its auditors.``

Such a delay, it said, breaches listing rules of the Growth Enterprise Market.

The board will inform shareholders when it would announce its 2004 and 2005 results as soon as it can.

Trading of the company`s shares are to remain suspended until further notice.

The company said last year it had defaulted on bank loans totaling HK$80 million due to a liquidity crunch. The SFC has been questioning the accuracy of stated profits at some of its subsidiaries.

[cubiakk]

Weiss jemand was???

Gruss
-cubiakk

[traudich100]

Wah sang (8035) verzögert weiter Resultatsfreigabe
2005/06/30 12:20

(Nachrichten Infocast) sang Wah Gas (8035) verkündete, daß die Ansagen seiner steuerlichen 2004 Trimesterresultate, 2004 jährliche Resultate, 2005 Resultate des ersten Viertels, 2005 Zwischenresultate, 2005 Trimesterresultate und die 2005 jährlichen Resultate hinausgeschoben werden.

Die Firma gab an, daß es noch bei dem Kompilieren der notwendigen Informationen ist, die von seinen Revisoren für die Vorbereitung der Resultate benötigt werden. Die Firma fördert verzögert die Ansage der obenerwähnten Resultate und das Verschicken der Reports wird weiter bis weitere Nachricht verzögert. Die Börse behält sein Recht vor, geeignete Schritte gegen die Firma oder seine Direktoren in Bezug auf die besagten Brüche zu nehmen.

Das Handeln in den Anteilen der Firma bleibt bis weitere Nachricht verschoben

[traudich100]

WAH SANG GAS<08035> - Announcement Standard Size Large Size

15 Nov 2005 09:14 GEM Listing News

The Stock Exchange of Hong Kong Limited takes no
responsibility for the contents of this announcement,
makes no representation as to its accuracy or
completeness and expressly disclaims any liability
whatsoever for any loss howsoever arising from or in
reliance upon the whole or any part of the content
of this announcement.

Wah Sang Gas Holdings Limited
(incorporated in Bermuda with limited liability)
(Stock Code: 8035)

ANNOUNCEMENT

The Board wishes to inform the shareholders of the
Company that the announcements of the 2004 Q3 Result,
the 2004 Annual Result, the 2005 Q1 Result, the 2005
Interim Result, the 2005 Q3 Result, the 2005 Annual
Result, the 2006 Q1 Result and the 2006 Interim Result
and the despatch of the 2004 Q3 Report, the 2004 Annual
Report, the 2005 Q1 Report, the 2005 Interim Report,
the 2005 Q3 Report, the 2005 Annual Report, the 2006
Q1 Report and the 2006 Interim Report are delayed
until further notice as the Company is still in the
process of compiling the necessary information
required by its auditors for the purposes. Such delays
constitute breaches of Rules 18.03, 18.53 and 18.66
of the GEM Listing Rules.

Accordingly, the delay in the publication of the 2004
Q3 Result, the 2004 Annual Result, the 2005 Q1 Result,
the 2005 Interim Result, the 2005 Q3 Result, the 2005
Annual Result and the 2006 Q1 Result will cause delay
of the announcements of the 2006 Interim Result and
the despatch of the 2006 Interim Report. Such delays
will constitute breach of Rule 18.53 of the GEM
Listing Rules.

The Board will inform the shareholders of the Company
as soon as practicable when the Company is able to
announce the 2004 Q3 Result, the 2004 Annual Result,
the 2005 Q1 Result, the 2005 Interim Result, the 2005
Q3 Result, the 2005 Annual Result, the 2006 Q1 Result
and the 2006 Interim Result and despatch of the 2004
Q3 Report, the 2004 Annual Report, the 2005 Q1 Report,
the 2005 Interim Report, the 2005 Q3 Report, the 2005
Annual Report, the 2006 Q1 Report and the 2006 Interim
Report.

Trading in the shares in the Company will remain
suspended until further notice.

By Order of the Board
WAH SANG GAS HOLDINGS LIMITED
Zhang Hongru
Chairman

Hong Kong, 14 November 2005

This announcement, for which the directors of the
Company collectively and individually accept
responsibility, includes particulars given in
compliance with the GEM Listing Rules for the purpose
of giving information with regard to the Company. The
directors of the Company, having made all reasonable
enquiries, confirm that, to the best of their
knowledge and belief:- (1) the information contained
in this announcement is accurate and complete in all
material respects and not misleading; (2) there are
no other matters the omission of which would make any
statement in this announcement misleading; and (3)
all opinions expressed in this announcement have been
arrived at after due and careful consideration and
are founded on bases and assumptions that are fair
and reasonable.

The Board comprises of 7 directors, 6 of which are
executive directors, namely Dr. ZHANG Hongru, Mr.
WANG Guanghao, Mr. WANG Gang, Mr. SHUM Ka Sang, Mr.
CHEUNG Man Hoi and Mr. SHI Dun Hong, and an independent
non-executive director, Mr. CUI Shuming.

The above announcement is a summary only. For the full
version of this announcement, please refer to the
`Latest Company Announcements` page on the GEM
website at www.hkgem.com.

[asiate]

Hey

nichts neues also, iss echt traurig was die abliefern. irgend wann wird doch das delisting brennend ? es gibt doch eine regel das nach einem bestimmten zeitraum des nichthandels der wert von der börse geworfen wird

Bis dann

[cubiakk]

Weiss irgendjemand was neues?

[traudich100]

13 Jan 2006 09:16 GEM Listing News
Securities and Futures Ordinance (Cap. 571 of the Laws
of Hong Kong).

The above members of the Independent Committee have
not entered into service contracts with the Company.
Each of them is entitled to an amount of HK$20,000
per month, determined based on the duties as a member
of the Independent Committee, during his appointment
as compensation for his contribution. The appointment
of the above members of the Independent Committee is
subject to termination by the Company at any time.

Trading in the shares in the Company will remain
suspended until further notice.

By Order of the Board
WAH SANG GAS HOLDINGS LIMITED
Zhang Hongru
Chairman

Hong Kong, 12 January 2006

This announcement, for which the directors of the
Company collectively and individually accept
responsibility, includes particulars given in
compliance with the GEM Listing Rules for the purpose
of giving information with regard to the Company. The
directors of the Company, having made all reasonable
enquiries, confirm that, to the best of their
knowledge and belief:- (1) the information contained
in this announcement is accurate and complete in all
material respects and not misleading; (2) there are
no other matters the omission of which would make any
statement in this announcement misleading; and (3)
all opinions expressed in this announcement have been
arrived at after due and careful consideration and
are founded on bases and assumptions that are fair
and reasonable.

The Board comprises 6 directors, all of which are
executive directors, namely Dr. ZHANG Hongru, Mr.
WANG Guanghao, Mr. WANG Gang, Mr. SHUM Ka Sang, Mr.
CHEUNG Man Hoi and Mr. SHI Dun Hong.

This announcement will remain on the `Latest
Company Announcements` page of the GEM
website at http://www.hkgem.com for at least
7 days from the day of its posting.